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Facebook IPO could redefine the social media market

By Michael B. Farrell

 |  Globe Staff  

  January 31, 2012

Can an initial public offering from Facebook reverse the Wall Street curse on social media companies? Facebook could file to go public as soon as today, and its offering could raise up to $10 billion -- enough to revive a tepid market for Internet stocks, analysts said, and seed the ground for offerings from companies like Twitter or Yelp Inc. Facebook’s market value may reach $100 billion, placing it on par with such corporate titans as General Motors Co.

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