Zuckerberg To Sell Facebook Shares Worth About $2.3 Billion
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(Reuters) - Facebook Inc's Chief Executive Mark Zuckerberg will sell 41.4 million shares worth about $2.3 billion as part of an offering of 70 million Class A common shares of the social network.
Facebook shares were down 4 percent at $53.54 before the bell.
(Reporting by Sruthi Ramakrishnan in Bangalore; Editing by Saumyadeb Chakrabarty)
More to come.