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The Inquisitr

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Report: Twitter Turns Down $500 Million Offer From Facebook

Started by Duncan Riley · 7 months ago

Twitter has turned down a $500 million acquisition offer from Facebook, according to a report published early Monday morning.
The supposed deal, uncovered by BoomTown’s Kara Swisher, had reached the point of “several weeks of serious talks” before fallin ... Continue reading »

6 comments

facebook junkie
7 months ago

this would be a great addition to facebook. Hope they buy it...

hminaya
facebook junkie

reply

Heinz G.
7 months ago

If it would have been a offer in cash... I would think they are stupid, but .... 500 Mil. in facebook stock, come on... buble, bluble ... bang... and the money is gone. Good choice.

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JohnMcDonald
7 months ago

This is basically what I was thinking, too. $500 million is a lot different than $500 million in Facebook stock. There are a lot of online destinations with huge traffic and questionable monetization plans - its hard to believe that they'll all figure out profitability one magic day in the middle of an economic collapse. When someone comes offering cash in that kind of range, I'd say they should go for it.

reply

nm
6 months ago

What a joke. Twitter is the most useless site on the web. It's only value is peoples conceit.

reply

SEO
6 months ago

If the price is right, they should just sell the business. In fact business are built with the objective of making considerable profits.

reply

F. Andy Seidl
2 months ago

Twitter is Not for Sale! (wink, wink). Appearing on “The View” Twitter co-founder, Biz Stone, tells Barbara Walters, “No. We are not for sale.” That may be true–for today. But every business is for sale. I wrote more about this here: http://faseidl.com/public/item/231681

reply