Twitter Shares Rally on Google Buyout Rumors
Twitter shares rallied more than 3 percent Thursday after rumors of a possible acquisition from Google started to circulate on Wall Street
Twitter shares rallied more than three percent Thursday after rumors of a possible acquisition from Google started to circulate on Wall Street.
Speaking on CNBC‘s “Fast Money Halftime Report”, SunTrust managing director Robert Peck speculated that Google might be interested in buying Twitter.
It’s not lost on Google that Twitter is the best real-time search engine out there… there has been speculation as far back as 2009 that Google would buy Twitter from valuations of $10 billion to $20 billion pre-IPO.
Peck
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