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All Posts Tagged Tag: ‘billion’

Mega Millions Jackpot: Close To Half A Billion

Mega Millions, the latest popular lotto game, is certainly living up to its name recently. The drawing last night, worth $363 million for six numbers, didn’t produce a single winner–although almost 50 people came close with five of the correct numbers. Each of those winners claimed $250,000, which is nothing to sneeze at…but coming so close to that huge jackpot …

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Facebook Gets $8 Billion Line of Credit

As part of some strategic moves Facebook is making ahead of their IPO, the company has received financing to the tune of $8 billion. The loans include a $5 billion revolving line of credit and a $3 billion 364-day bridge loan. This credit line will replace the companies current $2.5 billion revolving credit line used for general business purposes. The …

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