VIEW EVENT INFORMATION: WhatsApp
Facebook Stock Falls 5% After Hours Following WhatsApp Purchase [Update: Now Down Only 2.64%]
FEB
19
Status: Available Now!
Type: News
Date: Wednesday 19 February 2014, 02:43 AM
Media: Techcrunch

SOURCE
About the organization WhatsApp:
Type: Business
Sub-Types: Application Software, Website, Text Hosting Agent, Telecommunication, Telecommunication Software, Messaging
Notable Organizations: WhatsApp, Techcrunch
Facebook today announced that it will acquire WhatsApp for a combined $16 billion in cash and stock. WhatsApp’s employees pick up an additional $3 billion in restricted stock units as part of the deal. Wall Street investors are seemingly not pleased and have sent Facebook’s shares down 5% in after hours trading. They could be worried about potential dilution stemming from the deal.
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