Rod Barnes: Explaining Facebook's IPO

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by FOX News Rising

Story Created: May 15, 2012 at 9:45 AM EDT

Story Updated: May 15, 2012 at 9:45 AM EDT

CHARLOTTE, NC: You've heard a lot about Facebook launching an Initial Public Offering. The deal is expected to make the site's founders very rich people. But what does it mean when a private company goes public? Can the average investor get a piece of the Facebook pie? Financial contributor Rod Barnes explains how IPO's work.

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