Facebook said this afternoon that it has priced its previously announced secondary offering of 70 million shares of Class A stock for $ 55.05 a share. For this price, at $ 3850000000 stock will be offered for sale. The proposal is expected to close on December 26.
Facebook also said that Standard & Poor's officially included in Facebook stock venerated in the ranks of the S & P 500 index as the market close today. Where the 70 million shares of breakdown 27,004,761 shares of the total offered by Facebook, toffee 42,995,239 shares are being offered a total of some selling shareholders , including the 41,350,000 shares offered by Mark Zuckerberg on Facebook that money say how much it will be used to sell the working capital and other general corporate purposes.
It is important to note that Zuckerberg participation in the sale of shares does not mean that he is cashing out of the company he helped found. This week, Zuckerberg had a stock option to purchase 60 million shares of Class B stock, and Facebook says Kadi income from their class, The bulk sale will use the fees that it incurred with the purchase of class B.
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