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Facebook to Buy WhatsApp for $16 Billion

Facebook is acquiring WhatsApp, the popular messaging app, for $15 billion in cash & stock. According to SEC filing

The acquisition supports Facebook and WhatsApp's shared mission to bring more connectivity and utility to the world by delivering core internet services efficiently and affordably. The combination will help accelerate growth and user engagement across both companies.

 

Filing document also cites major stats for WhatsApp 

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