#Facebook to Buy #WhatsApp for $16 Billion


Updated February 21, 2014 ● 631 views

Facebook has entered into an agreement to acquire WhatsApp, the popular messaging app, for $16 billion in cash and stock, according to a filing Wednesday.

The deal is by far Facebook's largest acquisition to date and comes after rumors in late 2012 and early 2013 that Facebook and Google were vying to buy the messaging service.

via mashable.com

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