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LinkedIn files for $175 million IPO

January 27, 2011

LinkedIn Corporation, the world's leading online professional network with more than 90 million members in over 200 countries, filed on Thursday with the SEC to raise up to $175 million in an initial public offering. The Mountain View, CA-based company, which was founded in 2003, booked $201 million in sales for the 12 months ended September 30, 2010. Morgan Stanley, BofA Merrill Lynch and J.P. Morgan are the lead underwriters on the deal, for which pricing terms and timing were not disclosed.