N.Y. Times: Yahoo's Bid for Facebook: $900 Million

Authored by Mark Hefflinger on September 22, 2006 - 11:10am.
New York - The New York Times on Friday reported that Yahoo's buyout offer for Facebook, the second-largest online social network, includes $900 million and the opportunity to keep the company somewhat independent. "We're focused on building the company for the long term," 22-year-old Facebook founder Mark Zuckerberg told The Times. Zuckerberg reportedly turned down a $750 million buyout offer from Viacom in early 2006, asking instead for $2 billion for his company.
http://www.nytimes.com/2006/09/22/technology/22facebook.html
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