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Rumors Slate Facebook IPO For 2012

July 30, 2010, 8:56 am
Individuals who want to invest in Facebook probably won't have an opportunity to do so for well over a year. A new, somewhat credible report indicates that the company won't go public until sometime in 2012. "Three people familiar with the matter" spoke to Bloomberg , and said the delay will give Mark Zuckerberg "more time to gain users and boost sales." The second part of that claim is believable; the first half, less so.

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