Monday, May 9, 2011

LinkedIn IPO price values company at over $3 bln

Brickbats, Bouquets & Backfeeds are welcome on prmadhura@yahoo.com


NEW YORK (Reuters) - LinkedIn Corp, the social site for business professionals, is hoping to cash in with investors eager to gobble up shares in social networking companies such as Facebook, with a public debut valuing the company at more than $3 billion.
LinkedIn Corp said on Monday it would offer 7.84 million shares in its initial public offering.
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