Microsoft Sells 20% Of Its Facebook Shares For $250 Million

Written on August 17, 2012, by in Categories: Microsoft 2 Comments

Back in 2007, Microsoft has acquired a 1.6% stake in Facebook for a total of $240 million.

Now, thanks to our sources, we have learned that the software giant has sold 20% of its Facebook stake for a total of $249.163.150 million, which is almost $10 million more than they have originally invested.

However, the most fascinating thing is this: they sold the stake (6.6 million shares) at the IPO price of $37.75, which is far above its current $19.20 / share valuation and almost as high as the stock ever went up.

Not only Microsoft has made its money back but they still have a 80% stake left in the company, which, essentially, gives them a free ride.

[Via RanSquack, WashingtonPost]

  • http://twitter.com/ThomasVanhoutte Thomas Vanhoutte

    Now that’s a huge amount of money – and they even got 80% of their shares left. Nice, Microsoft!

  • http://josedmorales.net/ Joe Morales

    …and people laugh at Ballmer!