Sunday 10 November 2013

Facebook Inc director sold 1/3 of its stake in Facebook

Facebook  Inc director Marc Andreessen's venture-capital firm sold a third of its stake in the world's No. 1 online social network, according to a recent regulatory filing.

Andreessen Horowitz sold 2.28 million shares on November 6 at about $49 to $50 a share, according to a filing with the U.S. Securities and Exchange Commission on Friday. It still holds 4.57 million shares in Facebook.
Source: Reuters

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