Corporate
May 5, 2012
Facebook IPO yields smaller take for firm
Some smaller initial public offerings garnered bigger fees for law firms.
Daily Journal Staff Writer
PALO ALTO - Fenwick & West LLP will bring in $2.6 million for its work on the blockbuster initial public offering of Facebook Inc.
The Menlo Park-based social network giant plans to set the price range for its pending IPO between $28 and $35 per share. At the high end, the company could bring in $13.6 billion with a valuation of nearly $100 billion, making Facebook's IPO the largest ever for ...
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