Home » Business, Featured, Headline

Russian Investment Firm DST Now Owns 5% of Facebook

17 December 2009 No Comment
http://lor3nzo.com/wp-content/plugins/sociofluid/images/digg_32.png http://lor3nzo.com/wp-content/plugins/sociofluid/images/reddit_32.png http://lor3nzo.com/wp-content/plugins/sociofluid/images/stumbleupon_32.png http://lor3nzo.com/wp-content/plugins/sociofluid/images/delicious_32.png http://lor3nzo.com/wp-content/plugins/sociofluid/images/technorati_32.png http://lor3nzo.com/wp-content/plugins/sociofluid/images/google_32.png http://lor3nzo.com/wp-content/plugins/sociofluid/images/myspace_32.png http://lor3nzo.com/wp-content/plugins/sociofluid/images/facebook_32.png http://lor3nzo.com/wp-content/plugins/sociofluid/images/yahoobuzz_32.png http://lor3nzo.com/wp-content/plugins/sociofluid/images/twitter_32.png

Russian Investment Firm DST Now Owns 5% of Facebook

A couple of days ago, we wrote that Russian venture capital firm Digital Sky Technologies (DST) had invested around 180 million dollars in Zynga, the company behind popular Facebook games such as FarmVille and Mafia Wars.

The same group already invested $200 million in Facebook back in spring, which got them a 1.96 percent stake in the company, and now they’ve purchased another $200 million in common shares from Facebook’s employees.

According to Russian newspaper Kommersant, DST bought the shares at $14.77 per share; altogether, this investment got them another 3 percent stake, which brings the total to around 5 percent.

Read more at: Mashable

Related articles: Russian Investment Group DST Ups Its Facebook Stake To 5%+, Wants More (TechCrunch)

___________

{Photography by Expose Switch}

VN:F [1.9.3_1094]
Rating: 0.0/10 (0 votes cast)
VN:F [1.9.3_1094]
Rating: 0 (from 0 votes)

Leave your response!

Add your comment below, or trackback from your own site. You can also subscribe to these comments via RSS.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

This is a Gravatar-enabled weblog. To get your own globally-recognized-avatar, please register at Gravatar.

CommentLuv Enabled