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Rumours fly of Microsoft making $15 billion bid for Facebook

By Andrew Redfern @ 8th May 2008 1:00 pm

The internet news feeds are resounding with the latest rumour in the Microsoft takeover mill. This time it’s Mark Zuckerberg’s Facebook that’s attracting their attention. Whether this is a genuine bid or merely a stalking horse for the seemingly dead in the water takeover of Yahoo! it remains to be seen. Interesting times however.

According to The Times : Microsoft is believed to have approached Mark Zuckerberg, the founder of Facebook, over a possible acquisition of the social networking site.

It is believed that Microsoft has sought to gauge Facebook’s level of interest about a potential bid after $47.5 billion (£24.3 billion) takeover talks with Yahoo!, the online search engine, failed on Saturday. It is not thought that there are any active talks between Microsoft and Facebook.

In October, Microsoft took a $240 million stake in Facebook, which valued the site at about $15 billion. Although Mr Zuckerberg has resisted selling the entire company, indicating instead that he would prefer to float the group, it is not known what his response to Microsoft has been.

Read the whole article here : Microsoft looks at $15bn takeover of Facebook

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