Google In Bid For Twitter?

Did Google and Microsoft Try To Buy Twitter?

According to Business Insider, Google offered to buy Twitter for around $2.5 billion earlier this year. Their offer was refused, although Business Insider speculate it was never an official offer to buy the company, but a casual one. The article also cites a Twitter shareholder, who told Business Insider Twitter also turned down a $4 billion offer about three months ago. It is unclear who made the reported offer. Both sources quoted in the article, believe that Microsoft offered to buy the company too, which could explain Google's supposed bid to buy Twitter. "One reason Google would buy Twitter is to keep it out of Microsoft's hands," guesses Business Insider. Twitter is said to be currently seeking more funding at a $3 billion valuation.

Jessica Thornsby

What do you think?

JAX Magazine - 2014 - 03 Exclucively for iPad users JAX Magazine on Android

Comments

Latest opinions