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Tuesday, June 3, 2014

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

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:** Facebook Inc is acquiring Pryte, a Finnish company that aims to make it easier for mobile phone users in under-developed parts of the world to use wireless Internet apps. Facebook did not disclose financial terms of the deal, which spokeswoman Vanessa Chan said is expected to close later this month.

Facebook, Inc. (Facebook) is engaged in building products to create utility for users, developers, and advertisers. Shares of FB fell by 0.33% or $-0.21/share to $62.87. In the past year, the shares have traded as low as $22.67 and as high as $72.59. On average, 67111504 shares of FB exchange hands on a given day and today's volume is recorded at 31929180.



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