Shares of Facebook closed at $25 a share in a recent sealed-bid auction, bumping the value of the social networking giant to $56.7 billion, according to an announcement Friday by SharesPost, which facilities stock sales in privately held companies.
During the week-long auction, which was oversubscribed, 165,000 shares were made available – generating $4.1 million for the sellers, according to…
Continue reading Facebook Shares Clear $25 in SharesPost Auction
Facebook Shares Clear $25 in SharesPost Auction originally appeared on DailyFinance on Fri, 17 Dec 2010 14:49:00.
Filed Under: Technology, Facebook