North Street Blog | The 10 Worst Mergers and Acquisitions of 2007: Microsoft's Investment in Facebook

The 10 Worst Mergers and Acquisitions of 2007: Microsoft's Stake in Facebook

Recently, the American magazine "Time" has released its lists of the "10 Best Mergers and Acquisitions of 2007" and the "10 Worst Mergers and Acquisitions of 2007." As a result, the highly controversial transaction of "Microsoft's stake in Facebook" unfortunately made it onto the latter list.

In October this year, Microsoft announced the acquisition of a 1.6% stake in the social networking site Facebook for $240 million, which equates to valuing Facebook at $15 billion. At the time, this deal sparked controversy within the industry. Many analysts believed that Microsoft had paid too high a price.