[Reuters] Facebook mulls $1 billion employee share sale: report

Posted by: UGN Security

[Reuters] Facebook mulls $1 billion employee share sale: report - 02/10/11 08:02 PM

LOS ANGELES (Reuters) - Facebook is considering letting its employees sell up to $1 billion of their shares to institutional investors, at a price valuing the company at about $60 billion, an influential industry blog reported.