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Microsoft pays $240m for 1.6 percent share in Facebook

October 25, 2007

Microsoft invests in Facebook


MICHAEL LIEDTKE AP News business writer reports – ” Rapidly rising Internet star Facebook Inc. has sold a 1.6 percent stake to Microsoft Corp. (MSFT) for $240 million, spurning a competing offer from online search leader Google Inc. (GOOG) ”

Website: AP News Microsoft buys share in Facebook


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