Facebook closes $21.8 billion deal for WhatsApp - Houston Chronicle: "NEW YORK - Facebook has completed its acquisition of the mobile messaging service Whats-App for almost $22 billion, up from the original $19 billion when the cash-and-stock deal was struck early this year thanks in part to the rising price of Facebook shares.
Facebook named WhatsApp co-founder and CEO Jan Koum to its board Monday. WhatsApp is by far the largest acquisition for the Menlo Park, Calif.-based company, and bigger than any deals made by Google, Microsoft or Apple."
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Tuesday, October 7, 2014
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