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Social network giant Facebook has apparently selected Morgan Stanley to lead their IPO (Initial Public Offering), according to a quartet of (obviously unnamed) sources who are familiar with the internal situation. Facebook will go ahead to file their plans with regulators today in an effort to raise an estimated $5 billion, although it is not too far off the mark to say that the final amount might actually increase.
Ubergizmo, Facebook IPO sees Morgan Stanley in action
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