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Facebook Insider Peter Thiel Sells 20.1 Million Shares (USA Today)
Peter Thiel, one of Facebook’s earliest investors and a member of its board, was among the insiders selling stock in the social network after a lockup expired last week. A regulatory filing on Monday said that Thiel, a former CEO at PayPal, sold about 20 million shares of Facebook through affiliates such as his Founders Fund and other entities last week.
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