Wednesday, May 18, 2011

Mfarhanonline:LinkedIn Prices IPO at $45 Per Share

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Mfarhanonline Social Media News: LinkedIn has priced its shares at $45 each ahead of Thursday's initial public offering, the high end of an already significantly increased range for the company's stock. As reported earlier in the week, that values LinkedIn at more than $4 billion and means the company will be adding more than $350 million to its coffers following the offering. It will also make LinkedIn founder Reid Hoffman a near-billionaire, with his stake valued at $855 million at the $45 per share price. While the pricing represents an aggressive valuation by most standards, the majority of Mfarhanonline readers — 59% at press time — seem to think LinkedIn is still a "buy” (be sure to vote in our poll ). LinkedIn's shares will be traded on the New York Stock Exchange under the symbol "LNKD." More About: ipo , linkedin For more Business & Marketing coverage: Follow Mfarhanonline Business & Marketing on Twitter Become a Fan on Facebook Subscribe to the Business & Marketing channel Download our free apps for Android , Mac , iPhone and iPad Social Media reviews series maintain by Mayya

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http://www.mfarhanonline.com/2011051925823/linkedin-prices-ipo-at-45-per-share/

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