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Facebook is going to acquire WhatsApp in $19B deal


News by:  Jeff Causey 19th Feb 2014





Facebook announced that an agreement had been reached for the social media giant to acquire WhatsApp, one of the most popular, fastest growing mobile messaging platforms. The deal includes a cash payment of $4B, the issuance of $12B worth of Facebook Class A common stock, and another $3B in restricted stock to be issued to WhatsApp employees. Combined,
Posted by Sans | Published at 2:26 AM

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