Facebook to File for IPO Next Week
Excerpt from the report:
"The long-awaited tech IPO of the year - perhaps of the decade - is on. Facebook will file its paperwork for an Initial Public Offering on Wednesday, according to a report from the Wall Street Journal.
If it comes to pass, this will be the largest tech IPO in history, yielding around $10 billion for the social network. The next-largest tech IPO is Infineon, a German company that raised $5.9 billion in 2000. Google’s 2005 IPO, as big a deal as it was, didn’t even reach the $2 billion mark."

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