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FaceBook to be Sold for $6 Bil?
By admin | July 12, 2007
Reports from Internet Outsider is that Microsoft might be in the market to pickup FaceBook for a hefty sum of $6 billion. Especially considering FaceBook is on pace to generate $30 million this year. Although actual valuation of FaceBook is listed at $12 billion. I don’t expect this deal to go through because FaceBook is on pretty firm ground and have turned away large offers in the past.
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Topics: Google, Social Networks |
