Bigger & Bigger & Bigger: Facebook valued at $65 billion in new investment | Reuters

via reuters.com

"(Reuters) - Investment firm General Atlantic is investing in Facebook, valuing the leading social network at $65 billion, representing a 30 percent boost from its last big investment in January, according to a report on CNBC.

General Atlantic is purchasing a block of roughly 2.5 million Facebook shares from former Facebook employees, giving the firm a 0.1 percent stake in the company, CNBC said.

The deal, which has not closed and requires approval from Facebook, would give General Atlantic a 0.1 percent stake in Facebook, according to the report...."

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