WSJ reports Facebook plans IPO filing for next week: $75-$100 billion valuation

Business Insider :: Facebook is planning to drop its long-awaited IPO filing on Wednesday, the WSJ reports. The timing isn't set in stone and could still change, a source tells the WSJ. Morgan Stanley is "close" to becoming the underwriter. Goldman Sach will also play a "major role." The filing will disclose lots of long held secrets about Facebook's financials. Facebook's IPO valuation is expected to be somewhere between $75 billion and $100 billion.

Continue to read Nicholas Carlson, www.businessinsider.com