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Facebook to Acquire WhatsApp for $19 Billion

facebook whatsapp aquisition

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#1 JJ_

JJ_

    Neowinian

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  • Joined: 31-July 05

Posted 19 February 2014 - 22:33

MENLO PARK, CALIF. – February 19, 2014 – 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.

 

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... and it just got reported on front page at the same time :)