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February 20, 2014

Facebook Buying WhatsApp For $16B In Cash & Stock + $3B In RSUs

No it is not Google nor Microsoft, It is Facebook who undertakes messaging giant WhatsApp. Facebook bought WhatsApp for $12B share and $4B in cash with addition of $3B RSUs (Restricted stock units) According to the report[quote]On February 19, 2014, Facebook, Inc. (“Parent”) entered into an Agreement and Plan of Merger and Reorganization (the “Merger Agreement”) with Rhodium Acquisition Sub II, Inc., a Delaware corporation and wholly owned (in part directly and in part indirectly) subsidiary of Parent (“Acquirer”), Rhodium Merger Sub, Inc., a Delaware corporation, a direct wholly owned subsidiary of Acquirer (“Merger Sub”), WhatsApp Inc., a Delaware [...]

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