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Facebook Is Buying WhatsApp for $16B Facebook Is Buying WhatsApp for $16B
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Facebook Is Buying WhatsApp for $16B
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Old 20th February 2014, 07:58   #1
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Default Facebook Is Buying WhatsApp for $16B

Who decided this was worth $16 billion? Oh wait, I guess Facebook just did. 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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