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
Source:
http://www.huffingtonpost.com/2011/01/17/goldman-sachs-stops-faceb_n_809948.html
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