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Saturday, May 12, 2012
FTC: It?s Up To Facebook To Decide Whether An Instagram Investigation Will Impact The IPO
Some slightly conflicting stories zipping across the ether today involving Facebook, its $1 billion acquisition of Instagram and a rumored Federal Trade Commission investigation into the deal: The FT is reporting that this could delay the acquisition. Betabeat is reporting that this could actually delay Facebook's IPO. Could it be both? Either? Neither? We reached out to the FTC to get some info straight from the horse's mouth.
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