We've been hearing it would happen for quite a while, so keep that in mind when you read this scoop. The Wall Street Journal says:
"Facebook Inc. could file papers for an initial public offering as early as next week and is currently looking at a deal that would value the social network between $75 billion to $100 billion, said people familiar with the matter."
The Journaladds that "a Facebook spokesman declined to comment." Also not talking: a spokesman for Morgan Stanley, the company the Journalsays is likely to be the lead underwriter of the IPO.
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