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Wednesday, February 19, 2014

Facebook Acquires WhatsApp Wednesday Feb 19,2014


On February 19, 2014, Facebook announced it is acquiring WhatsApp for US$19 billion. Facebook will pay $4 billion in cash and the remaining $12 billion in Facebook shares.

The agreement also provides for an additional $3 billion in restricted stock units to be granted to WhatsApp’s founders and employees that will vest over four years subsequent to closing

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