Ye’s Acquisition of Parler Is Off

The controversial app’s parent company said a mutual agreement was reached in mid-November

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Did controversial social platform Parler decide that Ye would ramp up the controversy past its comfort level, or did a loss of endorsements make the application’s price tag too high for the artist formerly known as Kanye West? We may never know.

What we do know is that Ye’s agreement to acquire Parler, revealed in mid-October, is off.

Parler parent Parlement Technologies said in a brief statement Thursday, “Parlement Technologies has confirmed that the company has mutually agreed with Ye to terminate the intent of sale of Parler.

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