Correction: Interpublic Facebook Stake at 0.5%

  • March 2, 2011
A March 2 MediaDailyNews article entitled "IPG's Small Facebook Investment Pays Off" should have noted that Interpublic Group holds a less than 0.5% stake in Facebook. Based on a valuation of $52 billion, that stake could be worth an amount in the $200 million range. Some reports have Facebook valued at $67.5 billion, which could push the value of Interpublic's holding higher.

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