Follow Up of the Day: As anticipated, Facebook Inc. filed papers this afternoon for an IPO potentially worth $5 billion.
Facebook’s stock-market debut will be the largest in four years, and the biggest IPO for an Internet company since Google raised $1.9 billion back in 2004.
The company didn’t specify a share price or an exchange it wants to be listed on, but it did choose the ticker symbol “FB.”
Facebook’s filing also included revenue numbers, reporting revenue of $3.7 billion and a net income of $1 billion for 2011.
Submitted by: Unknown
-
-
Copy & paste this:
