Facebook IPO Coming Soon...
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The long awaited IPO for Facebook may be finally upon us.
According to reports mid-day from the Wall Street Journal, Facebook will file its IPO documents with the SEC on Wednesday of next week with an inital valuation expected between $75-$100 billion.
Earlier, the New York Post reported that Facebook has reserved the ticker symbol "FB," although it has not picked between the NYSE and NASDAQ exchanges.
Morgan Stanley (NYSE: MS) is expected to be tapped as the lead underwriter and Goldman Sachs (NYSE: GS) will likely play a major role.
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According to reports mid-day from the Wall Street Journal, Facebook will file its IPO documents with the SEC on Wednesday of next week with an inital valuation expected between $75-$100 billion.
Earlier, the New York Post reported that Facebook has reserved the ticker symbol "FB," although it has not picked between the NYSE and NASDAQ exchanges.
Morgan Stanley (NYSE: MS) is expected to be tapped as the lead underwriter and Goldman Sachs (NYSE: GS) will likely play a major role.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
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