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After the $580 million sale of MySpace to Murdoch’s NewsCorp, and around the time of the $1.76 billion sale of YouTube to Google, Facebook came up on the chopping block. Yahoo moved aggressively and bid $2 billion; then the 22 year-old CEO and founder of Facebook shocked the world and said, “no thanks.” What is […]
When you hear about companies being sold for millions (sometimes billions) of dollars, an image of a suitcase bursting full of money may come to mind, or even a bank statement that has 7 figures on it. This is unfortunately not the case- the buyout is generally done as a stock deal, where the purchasing […]