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Status update: Facebook to go public, raise $5B

February 01, 2012

NEW YORK (AP) -- Facebook made a much-anticipated status update Wednesday: The Internet social network is going public in a stock offering that could value it at as much as $100 billion, eight years after its computer-hacking CEO Mark Zuckerberg started the service at Harvard University....

Source URL: http://hosted.ap.org/dynamic/stories/U/US_FACEBOOK_IPO?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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