Report: Russian Group Offers $200M to Facebook
Another investor has reportedly showed up offering Facebook Inc. $200 millon as the social networking company seeks to buy out employee stock.More here.
The Wall Street Journal reported late Friday that Digital Sky Technologies has offered to invest the money at a $10 billion valuation on the Palo Alto company.
The Journal said the group has also offered to buy between $100 million and $150 million in employee stock at a lower $6.5 billion valuation.
Some additional background on Digital Sky Technologies here via Quintura.com. -ferg