Title: Will facebook's $5 billion IPO get a Like from investors?
Abstract: Facebook has, during recent times, spurred globalisation by transforming acquaintances and harmonising relationships through a web of contacts. On 1 February 2012, Facebook Inc. filed an S-1 form with the Securities and Exchange Commission confirming one of the world's most widely anticipated initial public offerings (IPO) and the most significant event in Facebook's history since Harvard sent its acceptance letter to a certain Mr Mark Zuckerberg. If all goes according to plan, the social media giant seeks to raise $5 billion in initial funding and would begin trading its stock on either the NYSE or NASDAQ by May 2012.
Publication Year: 2012
Publication Date: 2012-05-01
Language: en
Type: article
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