Deals Rumor Mill: Google, Billabong, Icahn

Law360, New York (April 8, 2013, 2:11 PM EDT) -- Google Inc. is hoping to snag cross-platform messaging service WhatsApp in its second $1 billion deal for a mobile application, tech blog Digital Trends reported on Monday. Negotiations between the Silicon Valley companies kicked off about a month ago, and have recently settled into discussions over a prospective purchase price. A 10-figure buyout would come on the heels of Facebook Inc.'s blockbuster $1 billion acquisition of photo-sharing app Instagram last year.

Floundering surfwear retailer Billabong International Ltd. is set to be swallowed up by the former...
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