Facebook would land on the Nasdaq on May 17

Posted by Unknown Saturday, April 21, 2012

We know that Facebook has selected the month of May to go public. All Things D is more prudent and evokes "the third week of May." The social network with 845 million users seems to have chosen the Nasdaq rather than the New York Stock Exchange.



However, Facebook needs the green light from the stock market watchdog, the SEC (Securities and Exchange Commission). Now, according to CNBC this decision, originally expected in late April, would be postponed following the acquisition of Instagram. The social network would launch a well planned May 24 if 17 is impossible.

Facebook has registered its project early February IPO, expected to be the largest ever known in the U.S. for a company in the internet. The transaction could raise up to $ 10 billion and could value the company up to $ 105 billion.

The social network has generated a profit of $ 668 million in 2011 on a turnover of 3.71 billion.

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