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Facebook to Friend Wall Street with IPO in 2012: Report

Facebook won't friend Wall Street late next year by launching its anticipated blockbuster IPO, according to a report. Expected to be one of the largest IPO's in U.S. history, if not the largest, considering recent share share sales of Facebook's private stock have valued the company at more than $60 billion. The world's largest social network, which made friend a household word in terms of Web connectivity, has a reported 750 million global users or more.