Offer puts a price on Facebook

July 14, 2009 3:36:06 AM PDT
Networking website valued at between $6.5 billion and $10 billion.

How much is Facebook worth?

A Russian investment firm appears to think it's $6.5 billion to $10 billion.

The investment group, Digital Sky, said Monday it will buy up to $100 million worth of Facebook shares from employees.

At the price the firm would pay, the Internet company's common shares are worth about $6.5 billion.

In May, Digital Sky bought $200 million worth of preferred shares in Facebook.

That valued the company at roughly $10 billion, but those shares are worth more because they come with more rights.

Facebook's open-market price would likely fall between the values implied by the preferred and common shares.

Either way Facebook is worth less than $15 billion, which was implied when Microsoft bought a 1.6 percent stake in 2007 for $240 million.

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