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September 25, 2007

Cash burning a hole in Microsoft’s pocket?

Posted by David Hunter at 11:07 AM ET.

Yesterday, the “Microsoft acquires Facebook” rumors were back according to the Wall Street Journal, with the twist that the unidentified sources say that Microsoft is now only asking for 5% of the hot social networking fad site, but would pay a price that would give Facebook an over $10 billion dollar valuation.

Supposedly Facebook would dearly love the public valuation and could use a little walking around money, while Microsoft would love to demonstrate some trendy credentials and perhaps permanently lock in their Facebook advertising deal.

(more…)


 
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Filed under Acquisitions, Coopetition, Facebook, Financial, General Business, Investor Relations, Microsoft, Yahoo

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