U2′s Bono through Elevation Partner private equity said to raise Facebook stake with US$ 120 million

U2′s leader Bono Vox keeps on investing in Facebook According to the technology blog TechCrunch, Elevation Partners, the private equity firm backed by bad-backed U2 frontman Bono, has stumped up $120m for just over 0.5 per cent of Facebook. The deal values the dominant social network at $23bn, and takes Elevation Partners’ total stake to [...]

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