Jim Breyer Sells 2.52M Facebook Shares

Facebook board member Jim Breyer of Accel Partners sold 2.52 million Facebook shares, netting him $74.1 million, according to reports.

Bloomberg cited a Securities and Exchange Commission filing in reporting the sale, adding that Breyer still holds more than 19 million shares in the social network.

Breyer also sold 3,563,387 class-A Facebook shares at a weighted average price of $22.7736 per share at or around Oct. 25.

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