Social media company Facebook today
announced that it has reached a definitive agreement to acquire WhatsApp,
a rapidly growing cross-platform mobile messaging company, for a total of
approximately $16 billion, including $4 billion in cash and
approximately $12 billion worth of 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. http://www.rtoz.org/2014/02/20/facebook-acquires-whatsapp-for-16-billion/
announced that it has reached a definitive agreement to acquire WhatsApp,
a rapidly growing cross-platform mobile messaging company, for a total of
approximately $16 billion, including $4 billion in cash and
approximately $12 billion worth of 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. http://www.rtoz.org/2014/02/20/facebook-acquires-whatsapp-for-16-billion/
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