Apple to offer Twitter $700m in takeover deal
by Dan Leahul, Brand Republic 05-May-09
by Dan Leahul, Brand Republic 05-May-09
LONDON - Apple is poised to make an offer for Twitter in a $700m (£465m) deal that could come as early as June, according to reports.
Industry blog Valleywag claims an inside source at Apple is involved in advanced negotiations with Twitter, aiming to seal a deal by June 8, when Apple is due to host its Worldwide Developers Conference.
Industry blog Valleywag claims an inside source at Apple is involved in advanced negotiations with Twitter, aiming to seal a deal by June 8, when Apple is due to host its Worldwide Developers Conference.
And from Online Media Daily:
D: All Things Digital
Google, Apple, Microsoft and News Corp. are all poking their noses around Twitter, reports Kara Swisher. "Because this is America, a bid for Twitter could come at any time and in any amount."
But Twitter's co-founders don't want to sell, she says. "There is a sense when you talk to its founders and investors that they truly believe they are onto some very important interactive communications paradigm shift in the Internet arena with their start-up.
"Twitter's co-founders may not seem like they want to sell, but if Google, Apple, Microsoft or News Corp. were to table a hefty $700 million offer, Swisher says "an epic free-for-all wrestling match to the death would break out among all of them, most especially Google and Microsoft. Sounds like fun to us!
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