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Couldn't turn down $2 billion :)


And free publicity, now everyone is gonna hear about Oculus. This is truly a good news, I don't see why people are so eager to hate on this acquisition.


Are you guessing the price or did you read it somewhere?


"... for a total of approximately $2 billion. This includes $400 million in cash and 23.1 million shares of Facebook common stock (valued at $1.6 billion based on the average closing price of the 20 trading days preceding March 21, 2014 of $69.35 per share). The agreement also provides for an additional $300 million earn-out in cash and stock based on the achievement of certain milestones."

http://www.prnewswire.com/news-releases/facebook-to-acquire-...


TechCrunch are reporting $2 billion, of which $400 million was cash:

http://techcrunch.com/2014/03/25/facebook-to-buy-oculus-vr-m...





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