Loading streams...
Welcome to WQCS:
Now Playing
Podcasts & RSS Feeds
| All Content |
| RSS |
| View all podcasts & RSS feeds | ||
Connect with Us
The Two-Way
3:15 pm
Fri January 27, 2012
Facebook's IPO Filing Could Come Next Week, 'Wall Street Journal' Says
By Mark Memmott
Originally published on Fri January 27, 2012 3:17 pm
We've been hearing it would happen for quite a while, so keep that in mind when you read this scoop. The Wall Street Journal says:
"Facebook Inc. could file papers for an initial public offering as early as next week and is currently looking at a deal that would value the social network between $75 billion to $100 billion, said people familiar with the matter."
The Journal adds that "a Facebook spokesman declined to comment." Also not talking: a spokesman for Morgan Stanley, the company the Journal says is likely to be the lead underwriter of the IPO.
Copyright 2013 NPR. To see more, visit http://www.npr.org/.9(MDA4MTU0Mjg1MDEzMTYwMTkyMzk3MTUwNQ004))
9(MDA4MTU0Mjg1MDEzMTYwMTkyMzk3MTUwNQ004))