Although Facebook is expected to raise as much as $10 billion dollars with their upcoming initial public offering (IPO), the popular social network is reportedly requesting that their $2.5 billion line of credit be increased ahead of the IPO. The line of credit was initially opened in February of last year in the amount of [...] Follow SEJ on Twitter @sejournal
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Facebook is expected to file for its initial public offering as early as Wednesday. The social network could be valued as high as $100 billion, putting it among the likes of McDonald’s and Citigroup. No tech company’s IPO has been v... Read Post
According to a report by Reuters, Facebook will file initial paperwork for its public offering tomorrow, seeking to raise $5B in its IPO bid. While its no surprise that Facebook... Read Post
World's largest social network revises SEC filing to raise initial public offering, two days before trading begins on the Nasdaq Read Post