Report: Giphy Lowered Its Value Ahead of Facebook Buyout to Avoid Antitrust Scrutiny

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  • August 23, 2021

Facebook again weaseled around antitrust scrutiny in its $400 million Giphy acquisition, according to a Bloomberg report citing two sources with knowledge of the matter. If history is any indicator, Facebook can and will do whatever it wants.

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Source : Report: Giphy Lowered Its Value Ahead of Facebook Buyout to Avoid Antitrust Scrutiny