Financially Happy dot com: Nasdaq boosts Facebook compensation plan to US$62 million

Sunday, July 22, 2012

Nasdaq boosts Facebook compensation plan to US$62 million

Nasdaq boosts Facebook compensation plan to US$62 million: NEW YORK, July 22 — Nasdaq OMX Group Inc (NDAQ.O) plans to pay out US$62 million (RM195 million) in cash to firms that lost money in Facebook Inc’s (FB.O) bungled initial public offering in May, modifying an earlier plan that drew intense criticism from market makers and other exchanges. The plan, which Nasdaq filed with regulators late Friday, is ...

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Sunday, July 22, 2012

Nasdaq boosts Facebook compensation plan to US$62 million

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