Instagram Deal Unlikely to Alter Facebook IPO Timing

Monday, 9 Apr 2012 | 4:07 PM ET

The social behemoth is expected to close its $1 billion acquisition of the San Francisco-based Instagram in 30 days, according to a source familiar with the deal.

That would put the completion of the takeover well before the finalization of Facebook's expected IPO. Facebook currently is expected to go public in mid- to late-May, according to people familiar with the matter.


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