Report: Microsoft seeks Facebook stake
InfoWorld | at | by Mike
Microsoft has approached Facebook in recent weeks proposing an investment that would give Microsoft a stake of up to 5 percent in the popular social-networking company, The Wall Street Journal reported Monday.
With Microsoft willing to invest between $300 million and $500 million, the deal would value Facebook at $10 billion or more, the Journal reported, quoting anonymous sources.
Google has also expressed an interest in acquiring a Facebook stake recently, according to the Journal. Thus, Microsoft could find itself competing for Facebook's attention with Google.