Is A Sale Of $1 Billion Facebook Shares In The Works?
Word has it that a group of Facebook shareholders wants to sell up to $1 billion of stock in the private marketplace, but the company's top executives have yet to approve of any such transaction.
Word has it that a group of Facebook shareholders wants to sell up to $1 billion of stock in the private marketplace, but the company’s top executives have yet to approve of any such transaction.
This comes from five different off-the-record interviews Reuters had with people knowledgeable about the situation.
We know well that Facebook as a rule doesn’t comment on matters of speculation, which is why the company won’t say yay or nay about this particular story — to Reuters or any other media outlet that asks.
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