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LinkedIn, the popular social networking site built around professional relationships, plans to go public this year and has hired banks to advise it on the process, people with direct knowledge of the matter said on Wednesday.

LinkedIn chose Morgan Stanley, Bank of America Merrill Lynch and JPMorgan Chase as three advisers, following a round of pitches held in early November, said one of these people, who requested anonymity because the process was confidential.

To read the full, original article click on this link: LinkedIn Plans a Stock Offering This Year - NYTimes.com

Author: MICHAEL J. DE LA MERCED