Facebook’s Instagram Deal Worth $715M; $87M Spent On Other 2012 Acquisitions

Facebook’s $1 billion deal to acquire Instagram was actually a $715 million deal to acquire Instagram, as the social network’s slumping stock price lowered the value of the major component of the deal for the photo-sharing application, Facebook revealed in its 10-Q filing with the Securities and Exchange Commission.

Facebook’s $1 billion deal to acquire Instagram was actually a $715 million deal to acquire Instagram, as the social network’s slumping stock price lowered the value of the major component of the deal for the photo-sharing application, Facebook revealed in its 10-Q filing with the Securities and Exchange Commission.

The original terms of the deal called for Facebook to pay $300 million in cash, and the remainder in vested class-B common stock, but the social network’s share price plummeted immediately following its May 18 initial public offering, dropping the value of the shares to $221 million.

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