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Facebook Raises Terms for IPO

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  • Description

    FBN's Shibani Joshi breaks down the latest details about the Facebook IPO.

  • Duration 1:24
  • Date

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This transcript is automatically generated

Investors are hot for Facebook's IPO of gathering steam.

Again raising the price range for the stock and sending the total value of the company at offering -- more than a hundred billion dollar.

Really is amazing doesn't too big stories just look at his face -- bodies on FaceBook from the newsroom.

How to -- yes it says the story that just keeps getting bigger and bigger and bigger the interest in FaceBook that hype around FaceBook.

And now the overall proposed to value of this FaceBook IPO the company revising its -- one.

Filings officially this morning upping its -- to new share price target will be thirty Ford at 38.

Dollars per share rise of about six dollars per share DO -- IPO value talked about it being.

Now well above a 104.

Billion dollars were also learning some additional details in -- watching Fox Business yesterday afternoon I brought these two -- -- -- about what exactly is going to happen when they do price we believe it's still going to be on Friday.

Mark Zuckerberg and Sheryl Sandberg -- company CEO will ring -- -- In Menlo -- -- the company's headquarters because they believe this should be an employee focused event not doing -- in New York City.

-- we do know -- there will be some other senior officials in New York City the head honchos will stay right they were right where they wanna be.

Which is in California that is probably where they wanna they -- right and Shibani Joshi that.

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