Facebook Inc. is reportedly contemplating raising US$10bn in an initial public offer (IPO) that could value the social media titan at more than US$100bn.
Facebook is reportedly targeting dates between April 2012 and June 2012 for the IPO, according to a Wall Street Journal (WSJ) report.
Facebook is in discussions over the timing of its filing with the Securities and Exchange Commission (SEC) for the IPO, and is considering filing with the regulator before year-end, the WSJ reported.
Facebook CEO Mark Zuckerberg has not made any final decisions regarding an IPO.
Also, Facebook, based in Palo Alto, California, has not decided over which investment banks will be involved in the IPO. Facebook's CFO David Ebersman is reportedly in talks with Silicon Valley bankers.
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