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Investments

Jan. 6, 2011

Investment Vehicle Scrutinized

Goldman Sachs said to be using special purpose vehicle to allow Facebook investments that keep the company private.


By Jill Redhage


Daily Journal Staff Writer


PALO ALTO - All eyes are on Facebook Inc. this week. The social networking giant reportedly received $450 million from Goldman Sachs, which is said to be helping its wealthy clients make their own investment of up to $1.5 billion collectively in Silicon Valley's most talked-about company.


Area securities lawyers say the supposed deal has set their phones to ringing, with startup clients asking one...

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