The Russian investment company Digital Sky Technologies has begun a tender offer to purchase up to $100 million of common stock from current and former Facebook employees, according to sources close to the company.
The investment boutique has agreed to pay $14.77 per share, putting the valuation of the company at $6.5 billion.
Massive tax hike about to hit
Employers are getting hit with a massive tax hike at a time when they can least afford it.
Toyota recalling 437,000 hybrids
Toyota's president apologized profusely Tuesday as he announced the global recall of more than 400,000 of the automaker's 2010 hybrid models, including the popular Prius, for problems in...
Toyota to announce Prius recall soon
Toyota will announce a global recall of its 2010 Prius hybrid vehicles, a source with knowledge of the plans told CNN.
Debt fears drag Dow below 10,000
The Dow industrials finished below the 10,000 level Monday for the first time in three months, dragged lower by financial stocks, as investors remained concerned about Europe's debt woes and...
From foreclosure bargain to money pit
Dusan Tatomirovic found a steal when he bought a foreclosed condo just north of Monterey, Calif., last April for $130,000.
Post new comment