Lawyers on Facebook’s looming float are set to share a $2.6m (£1.6m) fee from advising on the hotly anticipated public offering, writes the Am Law Daily. The social media giant specified the $2.6m in legal fees and expenses related to its initial public offering (IPO), according to a regulatory filing on Tuesday (15 May). The fees are a rough estimation and not a precise gauge of invoices related to the myriad legal costs in bringing a company public.
May 16, 2012 at 05:21 AM
1 minute read
The original version of this story was published on Legalweek
Lawyers on Facebook’s looming float are set to share a $2.6m (£1.6m) fee from advising on the hotly anticipated public offering, writes the Am Law Daily.
The social media giant specified the $2.6m in legal fees and expenses related to its initial public offering (IPO), according to a regulatory filing on Tuesday (15 May). The fees are a rough estimation and not a precise gauge of invoices related to the myriad legal costs in bringing a company public.
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