IPO Frenzy: It's LinkedIn's Turn
LinkedIn threw its hat into the increasingly crowded initial-public-offering ring, announcing that it filed its registration statement with the Securities and Exchange Commission for its class-A common stock.
The professional networking site said it has not yet determined the number of shares to be offered, nor the price range, adding that a portion of the total would be sold by the company and a portion by certain LinkedIn stockholders.
The bookrunning managers of the proposed IPO will be Morgan Stanley, BofA Merrill Lynch, and J.P.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in