Nightly News   |  January 31, 2012

Facebook will file for IPO

CNBC has confirmed that the social networking company, valued at more than 75 billion dollars, will file for a $5 billion initial public offering. NBC’s Brian Williams reports.

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>>> big news in the business world tonight. our friends and colleagues over at cnbc have confirmed facebook will file initial paperwork tomorrow morning for a $5 billion initial public offering . the company is looking at a valuation worth of the firm of between $75 billion and $100 billion, which would vault it right into the ranks of the largest public companies on the planet.