Saturday 28 January 2012

The Wall Street Journal-Morgan Stanley-Social Network-Facebook

Facebook to file IPO documents as soon as Wednesday: report

(Reuters) - Facebook plans to file documents as early as Wednesday for a highly anticipated IPO that will value the world's largest social network at between $75 billion and $100 billion, the Wall Street Journal cited unidentified sources as saying on Friday. Morgan Stanley is a strong front-runner to be the lead underwriter on what would be one of the largest initial public offerings in U.S. history, the Journal cited its sources as saying. Goldman Sachs is expected to play a significant role in the deal too, the newspaper added. A Facebook spokesman declined to comment. ... read more..

Is Facebook Ready to Go Public?

COMMENTARY | Facebook could file IPO paperwork as early as next Wednesday, according to reports released today. The popular social media network has been talking about going public for some time now and they are currently looking at a deal that would value the site somewhere between $75 billion to $100 billion, says the Wall Street Journal. read more..

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