Russian firm offers to invest in Facebook: report

Mac Daddy · May 23, 2009, 02:17 PM

A Russian Internet-investment group has offered to invest 200 million dollars in Facebook Inc., The Wall Street Journal reported.

Citing people familiar with the matter, the newspaper said it was unclear whether Facebook had responded to or decided to accept the offer from Digital Sky Technologies.

The offer comes as the social-networking company has been talking to a range of venture-capital and private-equity firms about raising more money to help fuel its growth, the report said.
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Source: Physorg

May 23, 2009, 02:17 PM	#1
Mac Daddy DriverHeaven Extreme Member Join Date: Jul 2002 Location: Ontario, Canada Posts: 7,950 Rep Power: 80 System Specs	Russian firm offers to invest in Facebook: report A Russian Internet-investment group has offered to invest 200 million dollars in Facebook Inc., The Wall Street Journal reported. Citing people familiar with the matter, the newspaper said it was unclear whether Facebook had responded to or decided to accept the offer from Digital Sky Technologies. The offer comes as the social-networking company has been talking to a range of venture-capital and private-equity firms about raising more money to help fuel its growth, the report said. _______________ Source: Physorg __________________ "My mom said the only reason men are alive is for lawn care and vehicle maintenance." - Tim Allen