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Facebook wins EU approval for $19 billion WhatsApp bid

By Foo Yun Chee BRUSSELS (Reuters) – Facebook , the world’s most popular social network, gained European Union clearance on Friday for its proposed $19 billion takeover of mobile messaging startup WhatsApp in a deal setting it against the telecoms industry. The landmark deal is the largest in Facebook’s 10-year history and will give it a strong foothold in the fast-growing mobile messaging market. …

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Source: Facebook wins EU approval for $19 billion WhatsApp bid

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