Peter Thiel Leads Facebook Investors' Stock Sale

Peter Thiel Leads Facebook Investors' Stock Sale Play

Aug. 21 (Bloomberg) -- Bloomberg's Cory Johnson reports that Facebook Inc. director Peter Thiel sold most of his stake in the operator of the world’s largest social-networking website, bringing his proceeds to more than $1 billion, after restrictions on insider sales ended. He speaks on Bloomberg Television's "Money Moves."

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