Tomahawk, WI 07/28/2014 (Basicsmedia) – Facebook Inc (NASDAQ:FB) is trading high each day – voluminous purchase of FB’s shares by a large faction of the trader fraternity is helping FB emerge as the most sought after stock in recent times.
WhatsApp Acquisition Payout Expected To Be Extended By A Year!
Facebook Inc (NASDAQ:FB) has conjectured lately that it intends and expects to close the landmark and whopping $19 billion acquisition deal of WhatsApp, within another year. The organization has voiced its intent to extend the payment for the deal by one year, until August 19, 2015.
FB revealed these statistics in a recent US SEC filing, and has cited that the closing should commence on receipt of apt regulatory approvals satisfactorily. In all likelihood, Mark Zuckerberg’s FB has conjectured paying out the necessary termination fee amounting to $1 billion – in cash and Class A shares, in such a way that it doesn’t quite impact WhatsApp’s brand!
FB Shoots Up Towards The Acme
The social media tycoon, involved in developing networking, building and augmenting products for developers, users and advertisers are revolutionizing their tally of products, to stay afloat with the users’ demands and aspirations, thus meeting their competencies.
Updates and innovations are customary these days not only to keep the current user base engaged to the platform, but also to ensure the inception of a myriad of new accounts across he globe! Recently, after the days of mishandling of IPO a couple of years back in May 2012, Facebook Inc (NASDAQ:FB) had not had to look back!
FB’s Net Market Worth Exceed Coca Cola’s
Innovations and inception of ideas have put FB in a position of merit to compete against top seed retailers and telecom giants—viz. The Coca-Cola Company (NYSE:KO) and AT&T Inc. (NYSE:T).
People are testimony to the holistic change in vogue, as the world is going mobile! In this realm, Facebook Inc (NASDAQ:FB) indeed has a lion’s share. The company has a fair share of more than a whopping $190 billion market value.
FB Leads, Amazon Faces The Heat
The social media tycoon has beaten the competitors with angst; the momentum stock is rallying higher, with a formidable P/E ratio, leaving eCommerce giant Amazon.com, Inc. (NASDAQ:AMZN) to bite the dust!