In this segment from Thursday's Investor Beat, Motley Fool analyst Matt Koppenheffer takes a look back at Facebook (META 1.11%) 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 (GOOGL -0.49%), 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.
Free Article
You're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More
Premium Investing Services
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.