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Facebook Seeks Higher Credit Limit Ahead of IPO

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 Expected to File IPO

Technology : Shelly Palmer Digital Living (3 years ago)

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

Facebook reportedly to opt for a $5B IPO tomorrow rather than expected $10B

Technology : The Next Web Blog (3 years ago)

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

Facebook increases IPO, could raise $16 billion

Technology : Tech Talk (3 years ago)

World's largest social network revises SEC filing to raise initial public offering, two days before trading begins on the Nasdaq Read Post

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