By Nicholas Carlson
“There was more than enough demand to fill the shares available, and all
of the stock was sold at a price ($31.50) that was higher than the offered
reserve price ($30.00) – meaning the auction was oversubscribed. ...
http://www.businessinsider.com/suddenly-facebook-stock-auctions-are-no-longer-oversubscribed-2011-5
Sunday, May 15, 2011
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