Publication Date:
Mon, 2011-04-04 14:02
The exact size of the stake has not been disclosed, but people close to Interpublic say it owns slightly less than a half percent of Facebook, the newspaper said in its electronic edition.
Interpublic paid less than $5 million for the stake in 2006, the newspaper said.
Interpublic’s stake of 0.4 percent would be worth $200 million, based on a Facebook valuation of about $50 billion, the newspaper said.
Interpublic could not be immediately reached for comment.
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