how much was facebook stock when it first came out
Initial public offering of Facebook Strong demand, especially from retail investors, suggested Facebook could choose a relatively high offering price.[24] Ultimately underwriters settled on a price of $38 per share, at the top of its target range.[24] This price valued the company at $104 billion, the largest valuation to date for a newly public company.[25]
21st Century Fox On December 14, 2017, The Walt Disney Company announced plans to acquire 21st Century Fox for $52.4 billion after the spin-off of certain businesses; this will include key assets such as 20th Century Fox, FX Networks, National Geographic Partners, its regional sports networks, and its international networks. Assets such as the Fox television network, Fox News, and most of Fox Sports will be spun off into a new company owned by current 21st Century Fox shareholders.