Detailed text transcripts for TV channel - FOXNEWS - 20120503:20:02:00
More shares than not original filing, adding 157.4 million shares and we are talking now a total of 337.4 million shares being offered at a range $28 to $35 a share and the offering at that level could raise for the company, $6.3 billion and that would be at the top end. that would also give facebook a market capital of $75 billion. so, other notes about zuckerberg the founder. he is going to hold 57.3 percent of the voting power after this offering takes place. he also is offering and selling over 30 million shares in the initial public offering. some of that is a unusual, and the shares will...
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