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BtoB

Saudi prince takes equity stake in Internet Capital Group

Published on .

Prince Alwaleed bin Talal of Riyadh, Saudi Arabia, has taken a $50 million equity stake in b-to-b holding company Internet Capital Group Inc., Wayne, Pa., according to published reports. The prince, a nephew of Saudi King Fahd, also snapped up a $200 million stake in WorldCom Inc. and a $150 million stake in AT&T Corp.®MDSD¯
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