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Twitter "offended" after unknown bidder, rumoured to be either Google or Microsoft, offered $4 billion to buy it

Posted: , by Alex I.

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Twitter
According to two sources independent from one another, Google and possibly Microsoft tried to initiate official talks for Twitter's acquisition. The first unofficial offer, which was put on the table by Google, was worth $2.5 billion. The rumour says that the second one, which possibly originated from Microsoft, came only 3 months ago and it was worth $4 billion. Reportedly, Twitter twice rejected official talks for its acquisition and went as far as to characterize the unofficial offers as "insulting".
 
The rumour for the $2.5 billion offer came from "a source close to an executive involved in the talks", while the $4 billion offer was leaked by a Twitter shareholder. Both sources say it's likely that Microsoft was behind the second offer, which means that Twitter found itself in the midst of a bidding war between two of the biggest corporations in the US and beyond.

It sounds likely that such informal talks occurred and if true, this means that Twitter spoiled the party. Yet, these astronomical figures are another confirmation that we live in digital times - after all, Verizon bought 22 MHz of spectrum (or polluted air, if you look at it from another angle) for $4.7 bilion in 2008 and invested new $4 billion for its LTE and 3G expansion. No wonder Twitter is offended by the $4 billion offer.

source: Yahoo

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posted on 19 Nov 2010, 10:08 9

1. testman22 (Posts: 337; Member since: 03 Nov 2009)


Twiter needs to take that money and run. In 5-10 years the fad will be over and they'll be lucky to get 4 dollars.

posted on 19 Nov 2010, 12:11 3

2. TheEclectic (Posts: 77; Member since: 23 Sep 2009)


Amen brother.

posted on 19 Nov 2010, 14:04

3. Droid X Doug (unregistered)


Yeah, but if you are Twitter, you are drinking the Kool-Aid on a daily basis and you know you are worth more than MS and Google combined....

posted on 19 Nov 2010, 15:48 1

4. Rawrzellers (Posts: 224; Member since: 22 Aug 2010)


Worth more then two multi-billion dollar companies? You're an idiot.

posted on 20 Nov 2010, 15:28 1

5. nak1017 (Posts: 328; Member since: 08 Jan 2010)


I hope you're using "know" sarcastically...
I don't even get how twitter is worth $4 billion... they simply can't monetize that well without more services or advertising.

posted on 21 Nov 2010, 00:20

6. Androidlover (unregistered)


lol twitter is garbage!!! Twitter should go with google and be proud of being part of google! google will revolutionize it and make it so much better!!!

posted on 21 Nov 2010, 06:46 1

7. newfdog 13 (Posts: 64; Member since: 06 Mar 2010)


They really are idiots. They don't really generate revenues and haven't really had any since they created it. Someone offers you even $1mil for the lint in your pocket- simple- take it!

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