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Recently, Facebook announced that they will be removing company overview, biography sections, and additional sections which you can view here. This is important because anyone who owns a business page will need to transfer this information over to their page's description. Don't worry, this won't impact your pages performance or anything, just a way to simplify the pages and make your business information easier to consume. Regardless, this is still an upcoming development, so make sure you are ready to update your Facebook pages accordingly.