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Tuesday, October 29, 2013

Deals of the day- Mergers and acquisitions, (NASDAQ: FB)

The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Tuesday:** BlackBerry Ltd executives flew to California to meet with Facebook Inc last week to gauge its interest in a potential bid for the struggling smartphone-maker, according to a Wall Street Journal report citing people familiar with the matter.** Vivendi has reached an agreement to purchase out partner Lagardere's 20 percent stake in pay-television operator Canal+ France for 1.02 billion euros ($1.41 billion), the companies said on Monday.

Facebook, Inc. (Facebook) is engaged in building products to create utility for users, developers, and advertisers. Shares of FB fell by 1.66% or $-0.834/share to $49.40. In the past year, the shares have traded as low as $17.55 and as high as $45.62. On average, 59586400 shares of FB exchange hands on a given day and today's volume is recorded at 100516952.



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