Monday 9 May 2011

LinkedIn IPO price values company at over $3 bln

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.

Read More...
LinkedIn IPO price values company at over $3 bln