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Tuesday, February 7, 2012


Facebook to take more time on IPO

Saturday, December 19, 2009

Moscow: Facebook, the most popular social-networking website, can take more time to decide on an initial public offering after Russia’s Digital Sky Technologies bought a stake, the head of the investment group said.

"Any IPO should be business driven and not liquidity driven as the latter can be done through the private market," chief executive Yuri Milner said in Moscow yesterday.





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