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  Did Microsoft overpay for Facebook?
Time: 15:04 EST/20:04 GMT | News Source: TechFlash | Posted By: Kenneth van Surksum

Facebook has reportedly turned down an investment that would have valued the fast-growing social networking startup at $4 billion. According to VentureBeat, Facebook CEO Mark Zuckerberg discussed the possibility of the funding at a recent board meeting, but concluded that they didn't need it.

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