Facebook’s Acquisition Of Instagram Will Likely Not Be Final By Its IPO Date
Charging onward to the most gargantuan tech initial public offering of all-time, questions have surfaced as to whether the Federal Trade Commission’s investigation of the merger-and-acquisition deal between Facebook and Instagram could delay the IPO, which is slated for May 18.
Charging onward to the most gargantuan tech initial public offering of all-time, questions have surfaced as to whether the Federal Trade Commission’s investigation of the merger-and-acquisition deal between Facebook and Instagram could delay the IPO, which is slated for May 18.
It is routine business for the FTC to investigate deals having a value higher than $68.2 million, TechCrunch reported, and the $1 billion price tag on the social network’s purchase of the photo-sharing application definitely qualifies it for a look.
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