Oct 28, 2010

Facebook, Groupon And Zynga Investor Mail.ru (aka, DST) Shoots For $5.7B Valuation In IPO

http://techcrunch.com/2010/10/25/dst-mail-ru-ipo/
Mail.ru Group, formerly known as Digital Sky Technologies and notable investor in Internet sensations Facebook, Groupon and Zynga, among others, has filed for a $876 million IPO on the London Stock Exchange that would value the investment firm at up to $5.7 billion.

That valuation is higher than expected (earlier reports predicted a $5 billion valuation).
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