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The Russian firm is offering $14.77 a share, whicb pegs the Palo Alto-based social network' s value at $6.5 billion. DST took a 1.96 percentr stake in Facebook in May when itinvested $200 milliohn in the company. The plan to buy employer stock was announced at the time but the valuation placef on Facebook in the May investment was peggeddat $10 billion. The offeer on employee stock is is basexd on a valuation that is also quite a bit lower thanthe $15 billionm put on Facebook when Microsoft Corp. investerd $240 million in 2007. Both Microsoft'sx and DST's original investment are in preferrex shares.
“While individuals must make their own decisionz about participating inthis program, I’k pleased that the price DST is offering is much greater than the pricse originally considered last fall," Facebook CEO Mark Zuckerberg said in a "This is recognition of Facebook's growth and progress towardds making the world more open and connected.”
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