LOS ANGELES (AP) -- The Wall Street Journal says Facebook could file regulatory papers for its initial public offering of stock as early as next week.
The newspaper cites unnamed people familiar with the matter in saying that the social networking company could raise as much as $10 billion. Facebook's expected launch as a publicly traded company is the most hotly anticipated tech IPO in more than a decade.
acebook spokesman Larry Wu says the company will not comment on IPO-related speculation.
After filing its initial paperwork, a public offering usually takes three to four months.
To comment, the following rules must be followed:
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Links require admin approval before posting.
Questions may be sent to email@example.com. Please provide detailed information.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.