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Old April 19, 2012, 02:51 PM
Sam_Reynolds Sam_Reynolds is offline
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Default In the Procedure of Acquisition, Facebook Shows What its Worth

Earlier this month Facebook acquired the photo-sharing and manipulation service Instagram for $1 billion, according to reports, split 70-30 in stock and cash. From this number, The New York Times has extrapolated that Facebook is pegging its share value at $30 and corporate value at approximately $75 billion.

Read more here: In the Procedure of Acquisition, Facebook Shows What its Worth | Hardware Canucks
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