Facebook Asks EU to Review WhatsApp Acquisition, Reports Say

Facebook's multibillion dollar deal to buy WhatsApp isn't quite done yet.

The Wall Street Journal reports that Facebook has asked the European Commission to review its acquisition of WhatsApp in an effort to pre-empt possible battles in any number of countries in the European UnionCNBC and others have since confirmed the report, citing anonymous sources

Facebook did not immediately respond to our request for comment

The social networking company first announced in February that it had agreed to acquire WhatsApp for $16 billion, plus another $3 billion in restricted stock units for employee retention. The deal, Facebook's largest by far, received FTC approval in the U.S. in April Read more...