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Facebook's Whatsapp Acquisition Now Has Price Tag Of $22 Billion

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy

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Woman holds a smartphone displaying WhatsApp's logo in front of the screen with the Facebook logo in this photo illustration taken in PragueBy Alexei Oreskovic SAN FRANCISCO (Reuters) - Facebook Inc closed its acquisition of mobile messaging service WhatsApp on Monday, with the final price tag rising an additional $3 billion to roughly $22 billion because of the increased value of Facebook's stock in recent months. WhatsApp founder Jan Koum will receive nearly $2 billion in stock, vesting over a four-year period, as an inducement for him to stay with the company, according to a regulatory filing on Monday. ...




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