Monday, 28 February 2011

JPMorgan fund eyes [$450m] 10% stake in Twitter [FT.com]

A JPMorgan fund is in talks to acquire a substantial stake in Twitter,
one of the fastest-growing social networking sites. The fund hopes to
acquire 10 per cent of the online messaging service for $450m, valuing
Twitter at $4.5bn, according to people familiar with the plans.

http://www.ft.com/cms/s/2/618e0bb4-42a9-11e0-8b34-00144feabdc0.html#axzz1FGKo...

Posted via email from News: Noted

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