DHAKA: Facebook Inc’s Chief Executive Mark Zuckerberg will sell 41.4 million shares worth about US$2.3 billion.

It will be a part of an offering of 70 million Class A common shares of the social network, reports The Straits Times.

Facebook shares were down 4 percent at US$53.54 before the bell.

BDST: 1855 HRS, DEC 19, 2013
Edited by Robab Rosan, Current Affairs Editor