Microsoft Buys Facebook Stake for $240M

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Microsoft Buys Facebook Stake for $240M

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10-25-2007, 08:39 PM

kgun

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Microsoft Buys Facebook Stake for $240M

"Microsoft Invests $240 Million in Facebook, Valuing Startup at $15B

SAN FRANCISCO (AP) -- Rapidly rising Internet star Facebook Inc. has sold a 1.6 percent stake to Microsoft Corp. for $240 million, spurning a competing offer from online search leader Google Inc".

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