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Shares to beat Facebook

By the time you read this, Facebook's shares - if all went according to plan - will have commenced trading on Nasdaq, under the ticker FB. The shares, which were priced just days earlier, should have been valued at between $34 and $38 apiece, allowing the social media website operator to have raised up to $16bn (£10bn), valuing the company at about $100bn - and making it the largest internet-related initial public offering (IPO) on record.

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By Malar Velaigam,
18 May 2012

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