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by tankbot 5048 days ago
My guess would be the ever-declining value of FB stock.
1 comments

I assume they sold it right away, though I guess there's no way to know.
My guess is that they haven't acquired it yet since the deal isn't closed. The deal was also pre-IPO, so I believe they'd be subject to the same freeze.
I'd sell right away, even only 300 million is better than the nothing instagram has made since it was created.