Sold! Facebook Completes Its $19 Billion Whatsapp Acquisition
Facebook’s acquisition of mobile messaging giant WhatsApp is complete. After getting the green light from Europe’s antitrust regulator on Friday, the $19 billion deal has formally closed in the US. Today’s filing with the Securities and Exchange Commission (SEC) daher revealed that WhatsApp co-founder and CEO Jan Koum is now a board member at Facebook. While few expected the buyout to be derailed by either the Europe or US authorities, these formalities do mark a milestone for the tech industry. In short, there’s no turning back for Facebook or WhatsApp. The hugely popular messaging app is now owned by Zuck’s...
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