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 Ryuzaki ninesix | Published at 2:26 AM

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