Facebook paid $50 million in cash and stock to buy social sharing site FriendFeed today, according to The Wall Street Journal.
The newspaper reported: “The company paid roughly $15 million in cash, with the rest in Facebook stock that vests over several years and would be worth roughly $32.5 million based... (Read more)
Reprinted with permission from VentureBeat. Story copyright 2009 VentureBeat Inc. All rights reserved.
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