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Facebook Hits 'Like' Button for Instagram

Facebook will acquire Instagram for a deal worth $1 billion in cash and shares. The deal for the photo sharing app company is expected to close later this quarter.

http://www.thv11.com/video/1554150008001/1/Facebook-Hits-Like-Button-for-Instagram http://cdn.newslook.com/1a/1ada9f8c1ba2238e917094c75a3074e0/images/frame_0000.jpg Facebook Hits 'Like' Button for Instagram Facebook will acquire Instagram for a deal worth $1 billion in cash and shares. The deal for the photo sharing app company is expected to close later this quarter. Facebook IncFinancenewslookmoneymergers and acquisitionsNewsInstagramFacebookbusiness 01:14

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