According to sources, Facebook is looking to file for it’s IPO within the next few days. Timing is being discussed, but it could happen as early as Wednesday, and could land a valuation between $75 billion to $100 billion.
Morgan Stanley is said to be a strong frontrunner for the coveted “lead left” position on Facebook’s IPO documents to be filed with the SEC. The Facebook’s IPO could raise as much as $10 billion for the social network with over 800 million members.
Source: online.wsj.com
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