WhatsApp, Zuck? Facebook finally finishes $22bn upstart gobble

Having secured the blessing of European regulators, Facebook has completed its $21.8bn acquisition of WhatsApp. The company on Monday finalized with the US Securities and Exchange Commission that the deal, which adds up to about $50 per user account, has now been finished, complete with a $4.59bn cash payout to WhatsApp …

[getHandle]

How much??

Just, like, how much?? Insane, absolutely insane.

[Salamander]

This deal is costing more than Facebooks revenue. It is only possible because of the value of Facebooks shares.

it does make one wonder if this deal has the capability of sinking Facebook. Fingers crossed everyone.

[Mark Exclamation]

It's transactions like this that give capitalism a bad name - although if it was to cause the death of FB, maybe it would only promote capitalism.....

[Tom 260]

So a user account that potentially earns a whole 69p a year (after the free first year, at current rates, before overheads, server and bandwidth costs), is worth $50... and people wonder why the economy went down the plughole a few years ago.