Has a Twitter acquisition become inevitable? This investment banker says yes

Fortune

Twitter’s share price [fortune-stock symbol=”TWTR”] continues to drift lower — it recently closed below $25, down almost 65% from the peak it hit after its initial offering in 2013 — but the company still doesn’t have a permanent CEO, more than two months after the departure of former chief executive Dick Costolo. That, combined with the slowing growth in its user base, makes it more or less inevitable that Twitter will be acquired, according to mergers and acquisitions specialist Victor Basta.

Basta is managing director of Magister Advisors, a boutique investment firm with offices in London and Silicon Valley. In a research note this week, the firm said that Twitter is a logical acquisition candidate for someone like Google [fortune-stock symbol=”GOOG”] or Facebook (I argued in an earlier post that Google’s de-emphasizing of its own social network, Google+, makes it even more likely that the company will eventually acquire…

View original post 212 altre parole

Annunci

Rispondi

Inserisci i tuoi dati qui sotto o clicca su un'icona per effettuare l'accesso:

Logo WordPress.com

Stai commentando usando il tuo account WordPress.com. Chiudi sessione / Modifica )

Foto Twitter

Stai commentando usando il tuo account Twitter. Chiudi sessione / Modifica )

Foto di Facebook

Stai commentando usando il tuo account Facebook. Chiudi sessione / Modifica )

Google+ photo

Stai commentando usando il tuo account Google+. Chiudi sessione / Modifica )

Connessione a %s...