Sunday, October 28, 2012

Facebook's price tag for Instagram drops to $715 million

Facebook has paid far lower than the announced $1 billion in cash and stock for photo-sharing app Instagram, following a drop in its share price.

Source: http://www.infoworld.com/d/the-industry-standard/facebooks-price-tag-instagram-drops-715-million-205684?source=rss_the_industry_standard

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