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Mark to market

25 Oct 2007 By Jeff Segal

The blundering software group won the bidding war for a highly soughtafter piece of Facebook. The price? A mere $240m for a 1.6% stake, valuing the social network at $15bn or a whopping 100 times revenues. Microsoft appears to have one over on Google for a change. But the real victor is Facebook founder Mark Zuckerberg, now worth $3bn.

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