From the WSJ: Facebook Inc. on Wednesday boosted the size of
its initial public offering by as much as $3 billion, as some major
stockholders sharply increased the number of shares they intend to sell as part
of the IPO.
In an updated filing, Facebook increased the number of
shares it will offer in the IPO to 421.2 million from 337.4 million. The
additional shares—which would be worth $3.2 billion at the high end of current
price range—come from venture capitalists and early investors looking to cash
out a greater number of their shares....
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