Mark Zuckerberg is planning to "unfriend" 41 million shares of Facebook, netting the chairman and CEO about $2.3 billion, according to a company filing.
The company has filed to have a secondary offering of 70 million Class A shares with 27 million coming shares from Facebook.The remainder of stock will come from other large shareholders.
Facebook shares were down as much as 4 percent in the premarket.
The company said it plans to use the proceeds for working capital and "other general corporate purposes." Facebook shares closed at $55.57 on Wednesday
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