DateStatusStake AcquiredDeal PriceDeal TypeCurrency Used
July 2006Bid Submitted100%$850,000,000AcquisitionCash
TargetBuyer
Sunnyvale, CaliforniaUnited States
Stake Acquired: 100 %
Deal Amount
Deal Price$850,000,000
Enterprise Value (EV)$850,000,000
Financials for Target: Facebook, Inc.Transaction MultiplesTransaction Multiples w/ Max. Contingency
Total Assets 2007$448,000,000EV / A1.9xEV / A    
Stockholder's Equity 2007$273,000,000EV / SE3.1xEV / SE    
Revenues 2007$153,000,000EV / R5.6xEV / R    
Net Income (Loss) 2007($138,000,000)EV / ENegativeEV / E    
Cash Flow N/AEV / CF    EV / CF    
EBITDA N/AEV / EBITDA    EV / EBITDA    
Operating Income (Loss) 2007($124,000,000)EV / OINegativeEV / OI    
Deal Notes
After Yahoo, Inc.'s 2Q 2006 Earnings were reported, the company reduced its $1 Billion cash acquisition offer to $850 million. Facebook rejected the offer.
Contingency Payments
Has Contingency Payment?No
Termination Fees
Has Termination Fee?No