Facebook plans IPO between April and June: report
(Reuters) - Facebook Inc is looking to go public between April and June 2012
with a valuation of over $100 billion, the Wall Street Journal reported, citing
people familiar with the matter.
The social media giant is considering raising as much as $10 billion in its
IPO, the report said.
Sources familiar with the matter said the company has not made any decision
over which banks will be involved in the IPO.
Facebook's CFO David Ebersman is in talks with Silicon Valley bankers about
an IPO, but founder CEO Mark Zuckerberg has not decided on any terms of the IPO,
the Journal said.