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LinkedIn prepares for US flotation

Guardian – Reid Hoffman, the co-founder and chairman of LinkedIn, will join the company’s other shareholders, Bain Capital, Goldman Sachs and McGraw-Hill, in selling 3m shares in the public offering. LinkedIn will offer a further 4.8m shares. Major (hedge fund) investors Sequoia Capital, Greylock Partners and Bessemer Venture Partners, which together own about two-fifths of [...]

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