Showing posts with label The New York Times. Show all posts
Showing posts with label The New York Times. Show all posts

Monday, January 3, 2011

Mail.ru Group and Goldman Sachs Invested In Facebook $500 Million



Russian internet company Mail.ru Group (formerly Digital Sky Technologies) and the U.S. banking group Goldman Sachs have invested in the social network site Facebook $ 500 million. Goldman Sachs invested $450 million, and the rest  invested Mail.ru Group, Associated Press informed referring to the newspaper "The New York Times".


Neither a U.S. bank, nor the Russian company and Facebook give comments on this deal. It is noted that Mail.ru Group had already invested about half a billion dollars on Facebook. In addition, Goldman Sachs has the right to sell its stake in the social network of up to $ 75 million in favor of Mail.ru Group.