HUGE DEAL ALERT: MICROSOFT PUTS THE MOVES ON FACEBOOK
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October 24, 2007, 6:00 PM
Filed under: MISC
Filed under: MISC
HUGE DEAL ALERT: MICROSOFT PUTS THE MOVES ON FACEBOOK
In the deathmatch of Google vs. Microsoft, Microsoft takes all.
Microsoft reached a deal to invest up to $250 million for a minority stake in Facebook, and will sell advertising on the site outside the U.S., beating Google in a closely watched contest. The companies have discussed a valuation for Facebook as high as $15 billion. (http://online.wsj.com/article/SB119323518308669856.html?mod=djemalert 10/24)
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