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Facebook to acquire Instagram for $1 billion in cash and stock

Facebook to acquire Instagram for $1 billion in cash and stock
  • Posted April 9, 2012, 1:30 PM by Jose Vilches | Filed in Industry News Breaking News
  • Social networking giant Facebook, which is in the process of going public with a record IPO that could value the company at about $100 billion, has just announced it is buying Instagram for about $1 billion in cash and stock.…

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