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Thursday, August 23, 2012
Wednesday, August 22, 2012
How Instagram Could Have Cut a Better Deal - NYTimes.com - The problem is that Facebook did not agree to pay $1 billion in cash. The deal terms said Instagram would receive $300 million in cash and about 23 million shares of Facebook stock once the deal closed. Facebook stock at the time of the deal was valued by the parties at about $30 a share.
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