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Facebook Reveals Final Price For Instagram

And it wasn’t a billion.

Facebook Reveals Final Price For Instagram

The final price for Facebook’s acquisition of sepia/fuzzy/’70s retro-tinged photo-app Instagram has been revealed at $715 million: $300 million in cash and the rest in shares. You can see the details in sharp focus on the firm’s Form 10-Q, filed last night.

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Here’s how the shares break down: 12 million vested shares of Class B common stock will go to “non-employee stockholders” or investors, while 11 million un-vested shares will go to Instagram’s employees, vesting over a three-year period. The $285 million shaved off the original price is due to the decline in value of Facebook’s share price.

About the author

My writing career has taken me all round the houses over the past decade and a half--from grumpy teens and hungover rock bands in the U.K., where I was born, via celebrity interviews, health, tech and fashion in Madrid and Paris, before returning to London, where I now live. For the past five years I've been writing about technology and innovation for U.S.

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