Facebook, Zuckerberg Plan to Sell Shares Worth $3.9 Billion

Lock
This article is for subscribers only.

Facebook Inc. Chief Executive Officer Mark Zuckerberg is selling shares to help pay taxes, joining the company and board member Marc Andreessen in an offering worth about $3.9 billion.

About 27 million shares will be offered by Facebook, with an additional 41.35 million shares by Zuckerberg and 1.6 million from Andreessen, the Menlo Park, California-based company said in a statement today.