Amir Teig and Inbal Orpaz (Haaretz)

Why Facebook May Pay $1B for Israeli Waze

Facebook is currently in advanced negotiations to buy the Israeli navigation company Waze. The total purchase price is said to be roughly $1 billion, significantly higher than the $200 million to $300 million Facebook is believed to have offered Waze only six months ago. Half would be paid in cash, the other half in shares…