Facts From Facebook-WhatsApp Deal

It's a popular axiom: "If you can't beat them, join them!"Well, I think Facebook has coined a new axiom, "If you can't beat them, buy them!" 

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It's no longer news that Facebook has agreed to buy over WhatsApp (the leading global communications utility) for a mouth-watering, eye-popping $19 billion (N3.146 trillion). According to Bloomberg, this deal, which was confirmed by Facebook, will be made up of:

•  $4(N662.4 billion) billion worth of cash,

• $12(N1.987 trillion) billion worth of Facebook stocks and

• an additional $3(N496.8 billion) billion dollars in restricted stock to be granted to WhatsApp.

More facts about the buyout include:

• It beats Instagram's buyout by $18 billion with Instagram deal going for about $1(N165.6 billion) billion in cash and stock!

• Whatsapp has over 450 million users with analysts projecting it's growth to hit 1 billion users by 2015.

• Facebook is the leading global social-sharing utility and now, it has a significant opportunity to be the leading global communications utility.

• The purchase price is slightly higher than the market value of Sony Corp.

• Filing of the Facebook WhatsApp deal.

• WhatsApp founders are ex-engineers of Yahoo.

• If the WhatsApp deal doesn’t go through, Facebook will still have to pay WhatsApp $1 billion as breakup fee.

• Though the messaging app WhatsApp is being bought by Facebook, it will continue to operate independently and maintain its own brand status.

Watch Out For More Facts From This Facebook-WhatsApp Deal.

Note: The facts listed above are in no given order and are strictly based on the author's knowledge! Feel free to inform us of any fact you think should be in the list using the comment section below or the contact form to your right!