[Reuters] Facebook boosts IPO size by 25 percent, could top $16 billion
- 05/16/12 02:42 PM
NEW YORK/SAN FRANCISCO (Reuters) - Facebook Inc increased the size of its initial public offering by almost 25 percent, and could raise as much as $16 billion as strong investor demand for a share of the No.1 social network trumps debate about its long-term potential to make money.