Facebook in Acquisition Talks with Twitter
The Financial Times reports acquisition talks between Facebook and Twitter: $500M or less; http://is.gd/8V5L
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Gerrit Eicker
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eicker. Wir sprechen Online. Folgen Sie uns zu relevanten Nachrichten rund ums Web. [RSS, Kontakt]
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Gerrit Eicker 09:59 on 25. November 2008 Permalink |
pC: “Rumors about Facebook acquiring Twitter were not only true, but that talks between the microblogging company and the social-network site broke down three weeks ago.”
ATD: “But, said several sources close to Twitter, the primary reason for not selling was because its board simply did not want to yet or perhaps ever.”
TC: “Apparently talks, which were reportedly initiated by privately-held Facebook, broke down because of doubts on behalf of Twitter investors and executives about the stock’s actual worth, the usual concerns that arise when acquisitions are made (like integration, duration, costs, etc.), and a strong belief that Twitter will ultimately be able to weather the economic downturn on its own. Also noted is Facebook’s concern over Twitter’s current burn rate and future revenue potential.”
Twitterers: Worth $42 « Wir sprechen Online. 11:08 on 25. January 2009 Permalink |
[...] | # | Tags: .EN, Business, Quotes, Social Media, Twitter, Twitterers, Web TC: Twitter raised new capital; http://tr.im/ci17; Scoble: “If you are on Twitter you’re worth $42″; [...]