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Facebook insiders can sell stock as 'lock-up' ends

August 14, 2012

MENLO PARK, Calif. (AP) -- Facebook's early investors and a handful of top executives become eligible on Thursday to sell stock they own in the social networking company. It marks the beginning of a time-honored process for public companies, which will culminate in the fall, when many Facebook employees receive the same right to sell their shares....

Source URL: http://hosted.ap.org/dynamic/stories/U/US_FACEBOOK_LOCK_UP?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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