Saturday, May 12, 2012

FTC: It?s Up To Facebook To Decide Whether An Instagram Investigation Will Impact The IPO

Facebook Buys Instagram  For $1 BillionSome slightly conflicting stories zipping across the ether today involving Facebook, its $1 billion acquisition of Instagram and a rumored Federal Trade Commission investigation into the deal: The FT is reporting that this could delay the acquisition. Betabeat is reporting that this could actually delay Facebook's IPO. Could it be both? Either? Neither? We reached out to the FTC to get some info straight from the horse's mouth.

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