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FACEBOOK PLANS IPO BETWEEN APRIL AND JUNE: REPORT

November 29th, 2011 US

TECHNO NEWS : Facebook’s demeanour done ??public in Apr and in between Jun 2012 and a gratefulness of $ 100 billion, reports a Wall Street Journal, citing people informed with a problem.

Social media hulk for a precision of up to $ 10 billion in a IPO, a inform said.

Sources informed with a complaint which banks in a IPO a association will not have any preference to intervene.

Facebook ‘s CFO David Ebersman is a landowner in Silicon Valley and upon to plead a IPO, though CEO Mark Zuckerberg a owner of any tentative IPO period, a Journal said.