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Russia’s Mail.Ru sells remaining Facebook stock

Friday, September 6, 2013 | More »

Russian internet firm Mail.Ru has sold its remaining shares in social network group Facebook Inc for $525 million, making a hefty profit on its original investment and paving the way for a possible one-off payout to shareholders. Mail.Ru, part-owned by Russia’s richest man Alisher Usmanov, bou...


Answers To The $500M Facebook Question

Facebook has a new friend. Goldman Sachs just invested $450 million in the company. Digital Sky Technologies (DST), a company that already has a stake in Facebook followed through with $50 million. This latest round of funding pushes Facebook’s valuation to an estimated $50 billion. Now, how will ...

5 January, 2011 | More »