San Francisco – Twitter has held "low-level" acquisition
talks with executives at both Facebook and Google (NASD: GOOG) in recent months, The Wall
Street Journal reported on Thursday, citing people familiar with the matter.
The recent talks have reportedly gone nowhere, but have taken place before
between Twitter and both firms, who one source described as having "latent
interest" in buying the microblogging service.
Talks with some Twitter
suitors have led to estimated valuations of $8 billion to $10 billion for the
company, the sources said.
The company’s executives and board reportedly
believe Twitter can grow into a $100 billion company, people familiar with the
situation told The Journal.
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(WSJ)
