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Message: <blockquote data-quote="lkdood" data-source="post: 11941480" data-attributes="member: 92282"><img src="http://i.imgur.com/BGjIE.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" />Facebook  is close to picking Morgan Stanley as the lead underwriter  for its initial public offering, said people familiar with the matter.Morgan Stanley, they said, is the strong front runner for the  much-coveted “lead left” position on Facebook’s IPO documents to be  filed with the Securities and Exchange Commission.Facebook could file papers for the IPO as early as this coming  Wednesday, but that timing is still being discussed, said a person  familiar with the matter. The company is currently looking at a  valuation of $75 billion to $100 billion, this person said. The  company’s IPO, which people familiar with the matter earlier said could  raise as much as $10 billion.WSJ</blockquote>

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