The following video is from Monday's MarketFoolery podcast, in which host Chris Hill, along with analysts Jason Moser and Andy Cross, discuss the top business and investing stories of the day.
Last month Facebook (NASDAQ:FB) was on the verge of buying Waze, the maps and traffic data service based in Israel, for $1 billion. Yesterday came reports that Google (NASDAQ:GOOGL) is buying Waze for $1.1 billion to 1.3 billion. One of the key differences in the proposed deals is that Google's offer keeps Waze in Israel for the next three years, plus Waze keeps its brand and will operate independently.
In this installment of MarketFoolery, our guys analyze why the deal makes sense for Google as well as why Google's cash advantage over Facebook is so strong.
The relevant video segment can be found between 0:45 and 6:59.
Andy Cross has no position in any stocks mentioned. Chris Hill has no position in any stocks mentioned. Jason Moser has no position in any stocks mentioned. The Motley Fool recommends Apple, Facebook, and Google. The Motley Fool owns shares of Apple, Facebook, and Google. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.