Facebook Closes WhatsApp Acquisition

Facebook Closes WhatsApp Acquisition

Facebook is now the legal owner of WhatsApp, following a filing made with the SEC today. This is the final step in a process begun when Facebook announced its intent to acquire the messaging company in February of this year. The Facebook deal passed its final regulatory hurdle when it received EU approval to go ahead with the acquisition of WhatsApp last week. Whatsapp CEO Jan Koum will join Facebook?s board, and will also match Zuckerberg?s annual base salary of $1.

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