UPDATE: Facebook (FB) to Set IPO Price at High 20's to Mid 30's Range, Valuation Would Be $85-$95B -WSJ

May 3, 2012 2:25 PM EDT
(Updated - May 3, 2012 2:29 PM EDT)

WSJ reporting Facebook (Nasdaq: FB) to set IPO price at the high 20's to mid 30's range. The report suggests the valuation would be $85-$95 billion.

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