Wednesday, March 21, 2012

Source: Facebook IPO underwriters to take smaller fee

Facebook will pay a fee of just 1.1 percent to underwriters of its initial public offering, a source with knowledge of the company's plans said. News that the payout would be much slimmer than the typical underwriting fee came as Facebook executives highlighted the engagement of its massive user base during...

<A HREF="http://www.chicagotribune.com/business/technology/chi-source-facebook-ipo-underwriters-to-get-just-11-percent-20120320,0,1021887.story">Read More</A>

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