Facebook files for an IPO; Claims 845m users
Feb 2nd, 2012 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Facebook on Wednesday filed for an IPO (initial public offering) that is expected to value the eight-year old social media network between $75bn and $100bn. It is set for one of the biggest US stock-market debuts and hopes to raise an initial $5bn when it begins selling shares in coming months.