Don’t you just love a good infographic? Earlier today, we spotted this interesting visual from The Wall Street Journal highlighting major stakeholders that have changed the number of shares they plan to sell when Facebook’s initial public offering launches tomorrow.
The much-ballyhooed Facebook initial public offering will open trading Friday morning at $38 per share, the top end of the range the social network filed with the Securities and Exchange Commission earlier this week, CNBC reported.
Deutsche Bank, Credit Suisse, and Citigroup will likely join the group of banks underwriting Facebook’s upcoming initial public offering.
It’s reportedly D-Day for a possible announcement of a initial public offering. No, the IPO itself was never planned for today.
There is no shortage of speculation and rumors about Facebook’s upcoming initial public offering, some of it plausible, some of it not so much.
Facebook may submit paperwork Wednesday to register for an initial public offering that could be the largest of all time and turn the social network into one of the world’s most valuable companies.
Facebook reportedly plans to file documents in early 2012 for its long-awaited initial public offering, and Wall Street rivals Goldman Sachs and Morgan Stanley are in a fierce competition for the lead investment banking role, according to reports.
While the formal announcement of the Open Compute Foundation didn’t say anything about money, other than the fact that Don Duet from Goldman Sachs would entity, foundations typically administer charitable trusts and make grants. Hello, tax deduction!
Facebook may have brought in $1.6 billion of revenues during the first half of 2011.