Valleywag
A Facebook sale to Microsoft is practically taken for granted by whipped-up bloggers, wishful thinkers, and tech pundits. By everyone, in short, except for those who would actually decide such matters. Kara Swisher says a sale is unlikely. My sources are more definite: Microsoft has asked if Facebook would sell, and gotten an unequivocal "no." Founder Mark Zuckerberg controls three out of five potential Facebook board seats, and he doesn't want to sell.
And there's no sign of ongoing talks after Microsoft's bankers were rebuffed. Microsoft CEO Steve Ballmer was recently spotted walking down University Avenue in Palo Alto, mere blocks away from Facebook headquarters. "He never called to say he'd be in the neighborhood," a Facebook insider told us. If he were actively courting Facebook, don't you think he would have at least dropped by for a round of Xbox?
Comments
Eh, ok.. Not willing to sell at todays enormously bloated valuation is going to be premo crying material in the future!
Microsoft would have to completely retarded to do that.
By the way, only those with vested interests spread shit like this around. :-)
When are people going figure out that bankers are contacting facebook on their own not at MSFT request they are fishing to see if facebook has any intention of selling and hoping they can land a big fee. I also find it hard to believe at this point that anyone will pay anything close to 15bbl.
@quistrl: No one ever took that $15b crap seriously. Zux made it up.
This morning Kara says that the Zuckster should take $10 billion if someone offers it or be prepared to face the same kinds of shareholder lawsuits that Yahoo is seeing (although an Ichan-esque proxy fight isn't a concern), and we all know how well he deposes (i.e. not very).
$10 Billion? Right. :-/
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