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Health & Fitness

FACEBOOK FILING -- Social networking giant files historic IPO with SEC

FACEBOOK FILING -- Social networking giant files historic IPO HOPES TO RAISE $10 BILLION FROM SALE OF FB SHARES READ THE STORY AT VOICE OF BALTIMORE -- http://voiceofbaltimore.org/archives/2710

ALan Z. Forman, Neighbor
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HOPES TO RAISE $10 BILLION
FROM  SALE  OF  FB  SHARES
 
Would be 5 times higher
than Google’s 2004 IPO

BALTIMORE'S T. ROWE PRICE
A PRINCIPAL SHAREHOLDER
 
Facebook's historic $5 billion initial public offering (IPO) filed with the Securities and Exchange Commission yesterday names Baltimore money manager T. Rowe Price as one of the principal stockholders in the eight-year-old social networking giant.

According to the Facebook IPO, released Thursday by the United States SEC, T. Rowe Price Associates Inc. owns more than 6 million shares of FB's Class A stock in addition to over 12 million shares of Class B, accounting for 5.2 percent and 0.7 percent, respectively, of shares outstanding.    ............

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READ THE FULL STORY AT VOICE OF BALTIMORE -- http://voiceofbaltimore.org/archives/2710

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