Facebook Still Dancing for DollarsRob Hof
After failing to pony up enough money to buy Facebook a few months ago, Microsoft is now looking to buy just a piece, according to the Wall Street Journal (subscription required). But what a big chunk of change for such a small piece—up to 5% of the company at a stunning valuation of $10 billion, or up to $500 million. Just a few weeks ago stories swirled about Facebook looking to raise more money, but now Microsoft’s name is looming large.
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