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Reports circulated Thursday that Facebook’s initial public offering could arrive on May 17. If the U.S. Securities and Exchange Commission approves all of Facebook’s paperwork, including the social network’s recent purchase of Instagram, Facebook is pushing to have its IPO hit on May 17, according to TechCrunch, citing unnamed sources. Facebook announced in early February that it was filing for what is expected to be one of the biggest IPOs in history. With an estimated valuation of $100 billion
Original source article: pcadvisor.co.uk