Tuesday, 18 January 2011

Goldman Stops Facebook Share Sale To US Clients

Citing "intense media attention," Goldman Sachs has decided not to offer shares in Facebook to its U.S. clients, the Wall Street Journal reports.

The WSJ obtained a statement from the bank which indicated Goldman "concluded the level of media attention might not be consistent with the proper completion of a U.S. private placement under U.S. law."

The deal will reportedly still be offered to the bank's offshore clients, and the WSJ indicated tha


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