Facebook's Highly Anticipated IPO Planned For May 18: WSJ

Facebook CEO Mark Zuckerberg speaks to Japanese Prime Minister Yoshihiko Noda in front of a monitor displaying a Facebook page of the Prime Minister's Office of Japan, as they meet at the latter's official residence in Tokyo on March 29, 2012.
Facebook Inc. CEO Mark Zuckerberg speaks to Japanese Prime Minister Yoshihiko Noda in front of a monitor displaying a Facebook page of the prime minister's office as they meet at the latter's official residence in Tokyo on March 29. Zuckerberg most likely will be speaking to investors at road shows next week in advance of his company's IPO, reportedly set for May 18. REUTERS/Yuriko Nakao

Facebook Inc. will conduct its initial public offering on May 18, according to sources cited by the Wall Street Journal on Tuesday.

The IPO road show will get under way on May 7, MarketWatch reported in its account of the story, which was broken by its News Corp. sibling.

The IPO could raise more than $5 billion and value the company at as much as $100 billion, according to multiple reports.

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