Stock Provides Tech Giants A Path To Big-Ticket Pickups
By Karlee Weinmann
Law360, New York (February 27, 2014, 2:44 PM EST) -- Facebook Inc.'s recent $19 billion WhatsApp purchase made it the latest winner as rebounding equity markets buoy deal-making prospects for publicly traded tech titans, allowing them to tap into their increasingly attractive stock to back landmark transactions that experts say could otherwise be virtually untouchable.
The Facebook transaction, unveiled last week, turned heads for its dollar figure and for the particular breakdown of its mammoth consideration. The Silicon Valley mainstay will pay just $4 billion in cash under the deal agreement, with $12 million coming in...