Hypo Venture Capital Zurich Headlines: LinkedIn looks for $32 to $35 per share in IPO
http://www.
contracostatimes.
com/business/ci_18027408?nclick_check=1
Posted: 05/09/2011 04:08:41 PM PDT
NEW YORK — Professional networking website LinkedIn hopes to sell...
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Hypo Venture Capital Zurich Headlines: LinkedIn looks for $32 to $35 per share in IPO
http://www.
contracostatimes.
com/business/ci_18027408?nclick_check=1
Posted: 05/09/2011 04:08:41 PM PDT
NEW YORK — Professional networking website LinkedIn hopes to sell its stock for $32 to $35 per share
in an upcoming initial public offering.
Its IPO may encourage other growing Internet services to make
their stock market debuts during the next year.
The price target, set in a filing Monday with the Securities and Exchange Commission, signals that
LinkedIn is nearly ready to complete its IPO.
The shares are expected to be sold May 18, according to
IPO analyst Scott Sweet.
The stock would then begin trading under the ticker symbol of “LNKD” on the
New York Stock Exchange.
The company’s debut could offer a preview of investor demand for other popular online services that
connect people with common interests.
Although they haven’t set timetables, Facebook, Twitter, the
online deals site Groupon
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