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Goldman Halts Facebook Offering in U.S., Citing Rules

Goldman Sachs Group Inc. halted an offering of Facebook Inc. shares to U.S. investors on concern that “intense media attention” on the deal may violate rules limiting marketing of private securities.

Instead, the sale, first reported Jan. 2, will be restricted to non-U.S. investors, the New York-based bank said in an e-mailed statement today. Goldman Sachs and funds it manages had agreed to buy $450 million of closely held Facebook before the bank began seeking investors.