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Facebook Expected To Begin Offering Stock For First Time

Posted February 1st, 2012 at 12:40 am (UTC-5)
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Financial news reports say the world’s largest social networking site, Facebook, will seek to raise $5 billion or more when it files the papers Wednesday to offer stock for sale for the first time. The initial public offering is also known as an “I-P-O.” Each share of stock gives the stock buyer part ownership of […]

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Facebook to File IPO Paperwork Wednesday

Posted January 31st, 2012 at 8:25 pm (UTC-5)
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Economic news reports say social networking site Facebook will seek to raise as much as $5 billion in its initial public offering of stocks, which would place it among the world’s largest IPOs. The online company is expected Wednesday to file paperwork for its initial stock offering, one of the mostly hotly anticipated financial events […]

Tags: , , Posted in US

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