Bloomberg News

Facebook Expands IPO to 421.2 Million Shares

May 16, 2012

Bloomberg's Erik Schatzker reports that Facebook Inc. is boosting the number of shares for sale in its initial public offering to 421.2 million, allowing the world’s most popular social network to raise as much as $16 billion. He speaks on Bloomberg Television's "Inside Track." (Source: Bloomberg)

Running Time: 00:29

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