Yahoo Offered Facebook $1.4 Billion

New details emerge on the rumored sale of Facebook to Yahoo. From BusinessWeek Online:

Is Facebook really worth $1 billion? Analysts easily agree the answer is yes. Whether it’s worth that much to Yahoo!, however, is a more complicated question. The Web portal initially offered Facebook $1.4 billion, according to people familiar with the deal. Talks broke down in July, about the time Yahoo shares lost 20% of their value on news that its new targeted advertising technology would be delayed. Sources close to Facebook say there has been no new deal, but discussions could easily resume.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: