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February 1, 2012

Is Facebook planning an IPO surprise?

  • Investors and IPO watchers are expecting some kind of twist: perhaps a provision for the 800 million users of Facebook to get in on the action.
    • By PALLAVI GOGOI
    AP Business Writer

    NEW YORK — Facebook founder Mark Zuckerberg turns up at business conventions in a hoodie. “Cocky” is the word used to describe him most often, after “billionaire.” He was Time's person of the year at 26.

    So when he takes Facebook public, why would he follow the Wall Street rules?


     
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