The media frenzy over Facebook’s private offering already has made Google’s 2004 IPO look tame.This week, Goldman Sachs Group abruptly ended its offer of Facebook shares to U.S. clients, leaving others rushing to fill the void. Goldman reportedly concluded that all the media attention left the deal in danger of violating U.S. securities laws.
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Why Facebook Looks Like a Bargain-Even at $50 Billion
The media frenzy over Facebook’s private offering already has made Google’s 2004 IPO look tame.