Stakeholders think Whatsapp with over 450 million members, has grown to become a threat .
Facebook agreed to pay a whooping sum of $19 billion in cash and stock, for Whatsapp in other to expand its reach among users on mobile devices.
The purchase would be the bigges
t Internet deal since Time Warner’s $124 billion merger with AOL in 2001, according to data compiled by Bloomberg. The accord includes $12 billion in stock, $4 billion in cash and $3 billion in restricted shares, Facebook said yesterday in a statement . WhatsApp has more than 450 million members, with 1 million users being added daily, Facebook said.
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