Facebook Readies IPO Filing
Facebook, the largest social-networking site, may file for its initial public offering on Feb. 1 and is close to hiring Morgan Stanley to handle the deal, the Wall Street Journal reported, citing unidentified people. The company is considering a
(Gary Reyes / Mercury News) After more than a month of public trading, San Francisco social-gaming company Zynga on Friday finally ended a trading session with a stock price higher than what original investors paid in its initial public offering.
The Wall Street Journal has just reported that Facebook may file for its long-awaited IPO as soon as this Wednesday, but notes that the “timing is still being discussed”, according to an anonymous source. The article says that
The Wall Street Journal's golden box of anonymous sources has rattled once more, this time with news that Facebook is finally going public. Now that's cooler than a million dollars.