Microsoft looks at Facebook over $47.5bn takeover
Microsoft is believed to have approached Mark Zuckerberg, the founder
of Facebook, over a possible acquisition of the social networking site.
It is believed that Microsoft has sought to gauge Facebookâs level of
interest about a potential bid after $47.5 billion (Â£24.3 billion)
takeover talks with Yahoo!, the online search engine, failed on
Saturday. It is not thought that there are any active talks between
Microsoft and Facebook.
In October, Microsoft took a $240 million stake in Facebook, which
valued the site at about $15 billion. Although Mr Zuckerberg has
resisted selling the entire company, indicating instead that he would
prefer to float the group, it is not known what his response to
Microsoft has been.