Facebook to Sell More Stock
Social & Content
NMA report that Facebook are to again sell some more stock, reportedly to the same Russian firm Digital Sky Technologies. This time they are looking to purchase $100m for a 1.96% equity stake, which values Facebook at $6.5 billion.
In a statement, Facebook CEO Mark Zuckerberg, said, â€œThis is recognition of Facebookâ€™s growth and progress towards making the world more open and connected.â€
Read the original article at NMA.