Wednesday, 19 February 2014
Facebook To Acquire Whatsapp for $19 Billion
Facebook To Acquire Whatsapp for $19 Billion
The social media world is abuzz with the news of Facebook acquiring Whatsapp for humongous $19 billion! The news comes close to the heels of Viber’s acquisition for $900 million a few days back.
This acquisition merges the two giants of social media and mobile messaging. Under the acquisition terms, Whatsapp is being acquired for $4 billion in cash, $3 billion in RSUs and $12 billion in stock options which will...