Less than two weeks before the potential launch of Facebook’s initial public offering roadshow, a string of acquisitions and other business distractions are threatening to delay the sale, say people familiar with the matter.
Facebook management has been eyeing a May offering, with a roadshow launch as early as May 7 and the start of trading late the week of the 14th, people with knowledge of the deal have said. But in recent weeks, Facebook founder and CEO Mark Zuckerberg has been more focused on running the business and making acquisitions than on preparing for the share sale, according to one of these people, making it hard for him and other managers to focus wholeheartedly on the IPO preparations.