http://www.google.com/finance?q=NYSE:LNKD http://finviz.com/quote.ashx?t=lnkd https://www.tradingview.com/e/vo7gtKKN/ http://www.businessinsider.com/linkedin-shareholders-dumping-mo
than-previously-planned-increasing-the-size-of-the-companys-secondary-
off-2011-11
LinkedIn shareholders will dump more stock than previously planned,
increasing the size of the company's secondary offering to $700 million.
Of
the 8 million shares being sold, insiders will sell 6.7 million. The
offering will increase LinkedIn's float by 2X-5X, says Evercore's Ken
Sena.
More >
The LinkedIn shareholders who sell on the deal will be locked-up for an
additional 90 days after the offering. LinkedIn's other shareholders,
however, will be free to sell their stock on November 20th.
Evercore's Ken Sena estimates that the release of the lock-up will
increase
the number of freely tradeable shares (float) to ~23 million from ~9
million.
Read more: http://www.businessinsider.com/linkedin-shareholders-dumping-
more-stock-than-previously-planned-increasing-the-size-of-the-companys-
secondary-off-2011-11#ixzz1dmlONdRn
