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Mergers & Acquisitions

Apr. 11, 2012

Facebook snaps up Instagram

It took Greg Roussel's team at Fenwick & West LLP 54 hours to finish Facebook's largest acquisition to date.


By Robert Pierce


Daily Journal Staff Writer


PALO ALTO - It took Greg Roussel's team 54 hours to finish Facebook's largest acquisition to date.


Roussel, and the rest of his team at Fenwick & West LLP, advised Menlo Park-based Facebook Inc. on its $1 billion cash and stock purchase of San Francisco-based Instagram - a two year-old company.


About the speed required to get the deal done? "That is the Facebook way," ...

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