Report: Facebook IPO Slated For Next Spring

by , Nov 28, 2011, 8:56 PM
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Facebook plans to make its much anticipated initial public offering during the first half of 2012, according to a report citing unnamed sources in the online edition of The Wall Street Journal. The IPO, which could raise as much as $10 billion in a deal that is expected to put a total valuation of about $100 billion on Facebook, is likely to take place sometime between April and June, the Journal reported.

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