Facebook To Acquire Whatsapp For $19 Bn
  • Prabha Hedge
  • Feb 20 2014

February 20: Facebook, the world’s largest social network, has agreed to acquire Whatsapp for as much as $19 billion in cash and stock. The purchase would be the biggest internet deal since Time Warner’s $124 billion merger with AOL in 2001. The deal includes $12 billion in stock, $4 billion in cash and $3 billion in restricted shares. Bloomberg TV India’s Harsha Subramaniam, Tanvi Shukla and Anant Dwivedi discuss the implications of the deal.