Friday, 28 January 2011

LinkedIn Seeks $175 Million in Initial Share Sale [Bloomberg]

LinkedIn Corp. plans to raise as much as $175 million in what’s likely
to be the first public offering for a major U.S. social-networking
site. LinkedIn, the largest professional-networking website, hired
Morgan Stanley, Bank of America Corp. and JPMorgan Chase & Co. to
lead the offering, according to a filing today with the U.S.
Securities and Exchange Commission.

http://www.bloomberg.com/news/2011-01-27/linkedin-seeks-to-raise-175-million-...

Posted via email from News: Noted

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