FOX Business Network’s Charlie Gasparino reports that Goldman Sachs (GS) is no longer the only underwriter in the Facebook IPO and that both JPMorgan (JPM) and Morgan Stanley (MS) are looking to get a piece of the deal.
Excerpt, courtesy of Fox Business Network:
On the Goldman Sachs Facebook IPO:
“Sources are telling the FOX Business Network Facebook is openly talking to rival firms, JPMorgan and Morgan Stanley in particular, to be co underwriters with Goldman. Facebook is now open to other bidders. There are probably going to be a consortium of firms that underwrite this deal.”