Wallstreet Questions


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Now that FB is a public company, why didn't it need shareholder approval to buy Whatsapp for $19B?

I was under the impression that once you go public, all major decisions have to be voted on by investors. For such a large acquisition, isn't a public company required to let investors vote to give...

asked Feb 21 '14 at 16:33
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Julie Nino
90 points