Goldman Sachs has restricted U.S. investors from buying shares of social networking company, Facebook, The Wall Street Journal reports. The U.S. lender was previously planning to sell around $1.5 billion in Facebook shares to investors inside and outside the U.S., adds Bloomberg.
The New York-based bank and its funds had agreed to acquire around $450 million of closely held Facebook shares. Goldman has received around $7 billion in orders from foreign investors.
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