twitter facebook

Wednesday, February 19, 2014

Facebook in deal to buy WhatsApp for $19 Billion






















Facebook CEO Mark Zuckerberg is about to make his biggest acquisition to date when it drops a total of $19 billion for popular messaging app, WhatsApp. Here is the total cost break down:

  • Facebook will pay $12 billion in stock
  • Facebook will also pay $4 billion in cash
  • The company will also pay $3 billion in restricted stock
If for some reason the deal falls through, Facebook will still end up paying $1 billion in break up fees to WhatsApp which tops the price of the company paid for Instagram. The total price is Facebook will pay for WhatsApp is just $10.7 billion less than Mark Zuckerberg's current net worth.

source›› mashable
 
Copyright © 2014 THE AFFLUENCER | an auth digital property