In this segment from Thursday's Investor Beat, Motley Fool analyst Matt Koppenheffer takes a look back at Facebook (NASDAQ:FB) after the announcement of its $19 billion purchase of WhatsApp, and discusses why he doesn't think we've heard all the details involved here just yet. He references a potential bidding war that may have occurred leading up to the acquisition between Facebook and Google (NASDAQ:GOOGL), noting that Google recently offered to buy the service for $10 billion, an offer that was turned down. Matt will be keeping a close eye on future emerging details, to see what Facebook ultimately plans to do with the messaging service.
Chris Hill has no position in any stocks mentioned. Matt Koppenheffer has no position in any stocks mentioned. The Motley Fool recommends Facebook and Google. The Motley Fool owns shares of 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.
