Instagram $525 million deal for Twitter before Facebook.
MarketingBy The JapanBuzz team 17th December 2012 Leave a comment
According to the New York Times report, Twitter had a deal in place to buy Instagram for $525 million back in March — before the photo-sharing service's CEO Kevin Systrom called the whole thing off. Facebook CEO Mark Zuckerberg ultimately acquired Instagram after pushing through a cash-and-stock deal just weeks before Facebook's May initial public offering. The transaction closed in…