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Wednesday, May 07, 2008
First Yahoo, now Facebook?
FOXBusiness
Microsoft could be looking into a possible acquisition of Facebook, according to a report in the Wall Street Journal.
Microsoft (MSFT) bankers contacted the social-networking giant to see if the company has any interest in selling, but talks between the two companies, haven’t officially commenced, sources told the Journal.
Last year, Microsoft purchased a 1.6% stake in Facebook, Inc., worth close to $15 billion, and has previously shown interest in purchasing the company, but Mark Zuckerberg, founder of the site has been reluctant to sell the entire company the Journal reported.
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