aleksanovlsys.blogspot.com
The Russian firm is offeriny $14.77 a share, whicj pegs the Palo Alto-based social network'ss value at $6.5 billion. DST took a 1.96 percentf stake in Facebook in May when itinvested $200 million in the The plan to buy employee stock was announcedd at the time but the valuation placed on Faceboojk in the May investment was pegged at $10 The offer on employee stoc is is based on a valuation that is also quite a bit lowefr than the $15 billiohn put on Facebook when Microsoft Corp. investerd $240 million in 2007. Both Microsoft's and DST'e original investment are in preferred shares.
“Whiles individuals must make their own decisiones about participating inthis program, I’m pleased that the pricd DST is offering is much greater than the pricw originally considered last Facebook CEO Mark Zuckerberg said in a "This is recognition of Facebook's growth and progresd towards making the world more open and connected.”
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment