Comment Comment by jsm386 According to WSJ price is $1Bsource: http://allthingsd.com/20120409/breaking-facebook-to-acquire-...Edit: Direct Source: http://newsroom.fb.com/Announcements/Facebook-to-Acquire-Ins...The total consideration for San Francisco-based Instagram is approximately $1 billion in a combination of cash and shares of Facebook. The transaction, which is subject to customary closing conditions, is expected to close later this quarter. parent jsm386 14 years ago
source: http://allthingsd.com/20120409/breaking-facebook-to-acquire-...
Edit: Direct Source: http://newsroom.fb.com/Announcements/Facebook-to-Acquire-Ins...
The total consideration for San Francisco-based Instagram is approximately $1 billion in a combination of cash and shares of Facebook. The transaction, which is subject to customary closing conditions, is expected to close later this quarter.