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N.Y. Times: Yahoo’s Bid for Facebook: $900 Million
/ September 22, 2006 3:10 pm

New York – The New York Times on Friday reported that Yahoo's buyout offer for Facebook, the second-largest online social network, includes $900 million and the opportunity to keep the company somewhat independent. "We're focused on building the company for the long term," 22-year-old Facebook founder Mark Zuckerberg told The Times. Zuckerberg reportedly turned down a $750 million buyout offer from Viacom in early 2006, asking instead for $2 billion for his company.

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