Facebook has set the share price for its upcoming initial public offering at between $28 and $35 per share, valuing the company at between $85bn and $95bn.
The pricing would enable Facebook to raise as much as $11.8bn (£7.3bn) through its stock market listing.
The IPO is set to be the largest ever for an internet firm, bigger than Google's valuation of $23bn in 2004.
The company is set to list on the Nasdaq and would be worth more than technology giant Hewlett-Packard.
Source & Image : BBC
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