Results for: “Internet IPO” categories

Breaking

Facebook files for biggest Internet IPO in history at $5 billion

By: Zach Epstein |Feb 2nd, 2012 at 02:51AM
Filed Under: Breaking, Business, Facebook, General, Internet IPO, Mark Zuckerberg, tech IPO

Facebook on Wednesday formally filed documents with the U.S. Securities and Exchange Commission in its first step toward an upcoming initial public offering. Facebook said it is looking to raise $5 billion with its IPO, which has been eagerly anticipated by the Street and by investors. Morgan Stanley, JPMorgan Chase, Goldman Sachs and others will underwrite the offering, and Facebook could raise as much as $10 billion following its IPO. Reports surfaced this past Friday stating that Facebook had plans to fi...

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