Facebook IPO Delayed Until Late 2012, Report Says

September 15, 2011 Updated Sep 15, 2011 at 9:43 AM EDT

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Facebook IPO Delayed Until Late 2012, Report Says

September 15, 2011 Updated Sep 15, 2011 at 9:43 AM EDT

According to a report in Financial Times, Facebook will launch its initial public offering toward the end of 2012, a later date than had been previously anticipated.

The social networking site giant's first public offering is expected to be one of the world's biggest, according to the report.

Read the Financial Times story HERE.