Comment on Facebook Reportedly Expands IPO Size

Facebook Reportedly Expands IPO Size

By Olivia Oran and Alexei Oreskovic NEW YORK/SAN FRANCISCO (Reuters) - Facebook Inc will increase the size of its initial public offering by 25 percent, a source familiar with the matter said, and could raise as much as $16 billion as strong investor demand for a share of the No.1 social network trumps debate about the company's long-term potential to make money.

 

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