Facebook to acquire WhatsApp for $16 billion

Facebook to acquire WhatsApp for $16 billion

If you're a WhatsApp user, you may be interested in knowing that Facebook has now entered into agreements to purchase WhatsApp for a reported $16 billion. According to documents filed with SEC, the financial details will break down like this, $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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Original Article: http://feedproxy.google.com/~r/crackberry/qBTB/~3/tEQli0_62iQ/story01.htm

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