Goldman Foreign Investors Facebook Shares

By: Susan Harris
Staff Writer
Published: Jan 18, 2021

Goldman Foreign Investors Facebook -- No shares? Goldman and Foreign investors will get Facebook shares to move past regulators. The revelation comes a week after the global investment banking and securities firm withdrew the opportunity in the United States.

The firm made this decision due to worries that the deal would cause issues with security regulators. They are attempting to move past previous issues with regulators. However, the Facebook proposition may raise reservations about whether Goldman attempted to push regulatory perimeters again.

"In light of this intense media coverage, Goldman Sachs has decided to proceed only with the offer to investors outside the U.S. Goldman Sachs concluded that the level of media attention might not be consistent with the proper completion of a U.S. private placement under U.S. law," the firm said in a statement.

General solicitation and advertising in private offerings are prohibited by Federal and state regulations. Firms such as Goldman Sachs seeking to raise money cannot take action that resembles public promotion of the offering. This includes buying ads or communicating with news outlets.

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