Facebook's Status Update: Potential IPO by April 2012
Facebook’s financial future is getting more attention than a game of Angry Birds.
The company, which was catapulted further into headlines following Securities and Exchange Commission questions about private share sales, has “pledged to either sell shares to the public by April 2012 or publicly file its financial data,” a New York Times story says.
As PRNewser wrote previously, Goldman Sachs’ $450 million investment stands to impact both companies’ reputations — making keeping it clean with the SEC even more of a forefront issue.
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