LinkedIn Sees IPO of Up to $274M

Business networking company LinkedIn will offer 7.84 million shares in its initial public offering, pricing the shares between $32 and $35 apiece, Reuters reported. At the high end, LinkedIn could raise up to $274 million in the IPO. The company is offering 4.8 million shares, and the rest by stockholders including Goldman Sachs, McGraw-Hill Companies Inc. and Bain Capital.

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