Facebook roadshow starts Monday; IPO on May 18?

02.05.2012
Facebook officials continue to decline to respond to speculation on when the social networking company will pull the trigger on its highly-anticipated initial public offering.

The latest reports came today when the and the both reported that Facebook would launch a pre-IPO road trip on Monday and that the offering will take place on May 18.

Facebook declined comment on the reports.

Earlier, the company was reported to have to June from to allow it to digest a couple of recent major acquisitions -- the $1 billion purchase of Instagram and the $550 million purchase of some 650 former AOL patents and patent applications from Microsoft.

The nine-day roadshow is said to include stops in New York, Boston, San Francisco, Chicago, Baltimore and possibly Los Angeles, according to the New York Times.

Both the Times and the Journal cited unnamed sources.