April 7, 2006

Hoping for a Bigger Offer, Facebook Founders Reject $750-Million Bid

By BROCK READ

Facebook has already turned its creators, a group of students from Harvard University, into minor celebrities on campuses across the country. Now the popular social-networking site may make those students into very rich young men.

The site — already one of the Web's most heavily trafficked destinations — is putting itself up for sale, and it is expected to attract big-name suitors, reports Business Week. Facebook's creators reportedly turned down a $750-million

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