Comment on Facebook’s early investors to cash out shares in IPO

Facebook’s early investors to cash out shares in IPO

NEW YORK — Insiders and early Facebook investors are taking advantage of increasing investor demand and selling more of their stock in the company’s initial public offering, the company said Wednesday. Facebook said in a regulatory filing that 84 million shares, worth up to $3.2 billion, are being added to what’s shaping up to be the decade’s hottest IPO.

 

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