Facebook debut

facebook generic2 AP

San Francisco- Facebook is on track to make its historic multibillion-dollar debut on Wall Street on May 18, The Wall Street Journal reported.

Executives from the social network plan to begin a financial roadshow next week, going to various cities to discuss Facebook’s prospects with potential investors before the initial public offering, the newspaper reported.

Facebook could raise as much as $10 billion (R77.31bn) in the largest flotation ever by an internet company on Wall Street.- Sapa-AFP


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