[Infowarrior] - Sources: Google In Talks To Acquire Twitter
Richard Forno
rforno at infowarrior.org
Fri Apr 3 13:14:32 UTC 2009
Sources: Google In Talks To Acquire Twitter (Updated)
by Michael Arrington on April 2, 2009
Here’s a heck of a rumor that we’ve sourced from two separate people
close to the negotiations: Google is in late stage negotiations to
acquire Twitter. We don’t know the price but can assume its well, well
north of the $250 million valuation that they saw in their recent
funding.
Twitter turned down an offer to be bought by Facebook just a few
months ago for half a billion dollars, although that was based
partially on overvalued Facebook stock. Google would be paying in cash
and/or publicly valued stock, which is equivalent to cash. So whatever
the final acquisition value might be, it can’t be compared apples-to-
apples with the Facebook deal.
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http://www.techcrunch.com/2009/04/02/sources-google-in-late-stage-talks-to-buy-twitter/
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