Around the Net

LinkedIn Selling $1.15B In Stock

  • AllThingsD, Wednesday, September 4, 2013 11:44 AM
Bent on faster expansion, LinkedIn this week filed for a $1 billion secondary offering. Under the umbrella of working capital, the social network wants “fuel for international expansion, infrastructure funding and potential acquisitions,” AllThingsD reports. “LinkedIn also wants to give underwriters … the option to buy an additional $150 million worth of stock.”

 


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