Friday, May 4, 2012

Facebook's Wall Street Tour Begins

Wall Street revved into high gear Friday preparing to sell Facebook Inc. But while riches await the company's biggest holders, the deal won't prove nearly as lucrative for banks.

Facebook executives including finance chief David Ebersman began a tour of Wall Street banks Friday morning, starting with a visit to Morgan Stanley's midtown headquarters in Manhattan at 8 a.m. EDT, people familiar with the matter said. More...

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