New stock value for Facebook

Digital Sky Technologies (DST), the Russian investment firm that invested $200m in Facebook this spring, is offering $14.77 (&pound;9.09) a share for stock in the social network, in a deal that values it at around $6.5bn. The new valuation is lower than the $10bn valuation at which DST originally invested, as well as the $15bn at which Microsoft invested $240m in 2007. DST is buying $100m worth of Facebook common stock<br />