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January 28, 2012 12:08 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/obf1ZWXbtoo/
WSJ: Facebook Filing For IPO As Early As Wednesday
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 Facebook is eyeing a valuation between $75 and $100 billion as it raises up to $10 billion, which is in line with a previous WSJ report last November.The article also reports that Morgan Stanley is currently the frontrunner to secure the top, "lead left" position in the filing, with Goldman Sachs playing a "significant role" as well. The news comes shortly after Facebooktemporarily froze secondary trades on its shares, sparking speculation that the IPO filing may be imminent.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/obf1ZWXbtoo/
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