Wednesday, August 5, 2015

Is Twitter a takeover target?

Twitter’s (NYSE: TWTR) future is up in the air, but is it a target for a takeover? The microblogging platform’s shares were down 5.6 percent on Monday to $29.27, the lowest price since the company’s November 2013 IPO. The stock is still hovering around that price at the time of this writing. That places the valuation on the company below $20 billion and is spurring talk of an acquisition. So what’s in store for Twitter? Keep a hold on the stock Twitter shares lost $3.4 billion in market…
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