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Facebook to file IPO in early April 2012?

Facebook to file IPO in Q2 2012, could be valued at more than $100 billion

| Business, Financial & Legal News | Posted: Nov 29, 2011 4:27 am

Facebook will reportedly file its long-anticipated IPO between April and June of next year, according to The Wall Street Journal. The initial public offering will value Facebook at more than $100 billion, according to people "familiar with the matter".

 

TweakTown image news/2/1/21727_5_facebook_to_file_ipo_in_early_april_2012.jpg

 

Facebook is raising $10 billion in its IPO - which would be one of the largest ever, in a deal that might give Facebook a $100 billion valuation, something that is double when compared to a company such as HP.

 

Larry Yu, a spokesman for Facebook has said "We're not going to participate in speculation about an IPO". More on the IPO talk is available at the source.

NEWS SOURCES:Online.wsj.com

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