Facebook has decided to buy the highly succesful social networking application company
Whatsapp for a whopping 19 billion dollar in cash and stock.
There are 450 million users all over the world using this application.
Text messaging and social networking when combined together makes messaging applications
gives the smartest way for smartphone users to trade everything from brief texts , images and
YouTube clips .
Facebook shares went below 5 percent to $64.70 after hours, from a close of $68.06 on the
Nasdaq.
It will pay $4 billion in cash and about $12 billion in stock in its single largest acquisition ever by any company .
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