Facebook News Ideas and Help Facebook To Buy Instagram For $1 Billion In Cash, Stock

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Facebook To Buy Instagram For $1 Billion In Cash, Stock

Facebook today announced that it has agreed to acquire the photo-sharing app Instagram for $1 billion in cash and stock. The deal is expected to close later in the June quarter. The company said it will continue to make the service accessible separately from Facebook. The deal comes with Facebook in registration for an IPO ...

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