Thursday, August 23, 2012

Facebook's permission to buy Instagram

Facebook's permission to buy Instagram 
Facebook Instagram
Statement made in April to purchase attracted a lot of attention
The Federal Trade Commission has approved the acquisition of social networking company Facebook Instagram, saying that it would not interfere with the transaction.
Thus the world's largest social network a step closer to the acquisition of the popular photo service.Article
In April, a month before the issue of shares, Facebook said it would buy Instagram billion dollars.
This proposal includes $ 300 million plus 23 million shares of Facebook.
However, with the fall of Facebook shares declined and the cost of the deal, which to date is estimated at 747 million dollars.Networking giants
Since its launch in 2010, Instagram has attracted more than 50 million users, and up to a recent study found that almost half of the most famous brands in the world use Instagram in their marketing strategies.
Facebook since going public has lost some appeal in the eyes of investors.
The company said it is satisfied the decision of the Federal Trade Commission, but has not said when it intends to close the deal. She originally planned to do so before the end of 2012.

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