Yahoo Mid-Year Offer to Buy Facebook Rejected

According to Michael Arrington at Techcrunch, Yahoo proposed a $1 billion acquisition of the social network Facebook in mid-2006. According to leaked documents, At Yahoo, the long running courtship was internally referred to as “Project Fraternity.”

About the author

Greg Jarboe is president of SEO-PR, which provides search engine optimization, public relations, video marketing, and social media marketing services. He's the author of "YouTube and Video Marketing: An Hour a Day," a faculty member at Rutgers University and Market Motive, as well as a frequent speaker at SES conferences.