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Facebook
FB today announced
that it has reached a definitive agreement to acquire WhatsApp, a rapidly
growing cross-platform mobile messaging company, for a total of approximately
$16 billion, including $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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