DST, Silver Lake and Yunfeng Lead $1.6B Tender Offer Aimed at Alibaba Employees at $32B Valuation

Big play in China, as big investors pour a fortune into Alibaba Group shares to give its employees some walking-around money.
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Take the Money and Run? Twitter Shareholders Now Mulling Cash-Out Offer From DST.

To sell or not to sell any of their shares is the question facing Twitter stakeholders right now, as the second $400 million part of the company’s funding by Russia’s DST Global nears completion.
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Exclusive: Facebook Exploring Permitting a Tender Offer for $1 Billion of Employee Shares at $60 Billion Valuation

Facebook is exploring permitting a tender offer up to $1 billion of its employee shares, after being approached by a number of big institutional investors about investing in the company, according to sources close to the situation. The new approximate valuation? An eye-popping $60 billion, sources said, which is a significant increase to a recent $1.5 billion investment round led by Goldman Sachs that had pegged the social networking behemoth at a $50 billion valuation.

Sprint Nextel Silences iPCS

Wireless company iPCS is a legal thorn in Sprint’s side no longer. This morning, Sprint said it would acquire its litigious affiliate for $831 million, including the assumption of $405 million of net debt.
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Facebookers Start Cashing Out Up to 20 Percent of Shares With New $100 Million Investment

According to sources close to the situation, current and former employees of Facebook are now going to be able to sell up to 20 percent of their common shares. It is part of a $100 million add-on investment in the social networking company by the Russian investors who recently put $200 million into the company for preferred shares valued at $10 billion. The new tender offer today by Digital Sky Technologies for common shares of Facebook is valued at $6.5 billion, or $14.77 a share.
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