Facebook stake
Source: Agencies |
March 5, 2011, Saturday
|
Print Edition
Print Edition
INVESTMENT firm General Atlantic is investing in Facebook, valuing the leading social network at US$65 billion, representing a 30 percent boost from its last big investment in January, according to CNBC.
General Atlantic is purchasing a block of roughly 2.5 million Facebook shares from former Facebook employees, giving the firm a 0.1 percent stake in the company.
General Atlantic is purchasing a block of roughly 2.5 million Facebook shares from former Facebook employees, giving the firm a 0.1 percent stake in the company.
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