Facebook's acquisition of WhatsApp is official

The Facebook-WhatsApp deal, valued at $19 billion, has officially closed. Facebook first announced the acquisition in February, and the Federal Trade Commission gave it the thumbs-up in April.

Facebook and WhatsApp announced the finalization in a joint statement:

We are looking forward to connecting even more people around the world, and continuing to create value for the people who use WhatsApp.

Facebook’s Securities and Exchange Commission filing gave more insight into the specifics of the deal:

The acquisition was accomplished by the merger of Merger Sub with and into WhatsApp (the ” First Merger “), and upon consummation of the First Merger, Merger Sub ceased to exist and WhatsApp became a wholly owned subsidiary of Acquirer.

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