Facebook?s $38 Share Price Makes Instagram Deal Worth Nearly $1.2 Billion

Facebook's $38 share price would make its deal to buy Instagram worth nearly $1.2 billion, up from the roughly $1 billion price the company announced in April. That's a nice little bump, but the deal hasn't gone through given regulatory reviews. On top of that, we don't know the restrictions on the shares like when they vest or if they're subject to a lock-up period. When Facebook agreed to buy Instagram, it said it would pay with $300 million in cash and 22,999,412 shares of stock. That stock is now worth nearly $874 million, creating a $1.17 billion price tag.

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