WhatsApp reportedly turned down $10 billion offer from Google

Why did Facebook just buy WhatsApp for $16 billion? Probably because if it didn’t, Google would have picked up the popular mobile messaging app for $10 billion. Two unnamed sources tell Fortune that Google reportedly made a $10 billion offer to buy WhatsApp that was apparently turned down in favor of Facebook’s much larger offer. In addition to offering less cash, Google also reportedly didn’t offer WhatsApp CEO Jan Koum a seat on its board of directors as Facebook did. Adding to the Google-WhatsApp intrigue, The Information is reporting that Google last year actually offered to pay WhatsApp money if it agreed to tell Google that it was entering into acquisition talks with another party. This particular offer was worth



via Tech News Headlines - Yahoo News http://ift.tt/1gZXou9