New York
– StockTwits, the provider of a real-time financial news service that utilizes
Twitter, has acquired financial blog Abnormal Returns, according to a post on
the company’s blog.
Financial terms of the deal were not disclosed.
New
York-based StockTwits said that five-year-old Abnormal Returns will continue to
operate as a standalone site under editor-in-chief Tadas Viskanta, and add a
real-time component via StockTwits.
"This aggregation will harness both
the power of the StockTwits community and editorial insight to bring a stream
of intelligent investment links to its readers," the company said.
Related Links:
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