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Facebook plans to raise $10.6 billion in mega IPO
May 04, 2012

Facebook Inc aims to raise about $10.6 billion in Silicon Valley's largest IPO, dwarfing the coming-out parties of tech companies like Google Inc and granting the world's largest social network a market value close to Amazon.com's.

Read the full report on Reuters.

 

Also read on Rediff.com: Facebook gets ready for IPO, sets price range at $28 to $35

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