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Two firms said to show interest in buying Twitter

by Jacob Kleinman | April 7, 2015April 7, 2015 12:40 pm PST

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New reports claim Twitter could be facing new pressure to accept a takeover from a larger company. Barron’s claims two firms have expressed interest, and USA Today adds that Google “could maybe, possibly” be involved.

However, it doesn’t look like Twitter is particularly interested in any offer right now. The company has reportedly hired several advisors, including Goldman Sachs, to help “fend off a takeover offer.” This is just a rumor for now.

Twitter has struggled to show solid growth in the face of more exciting social apps like Instagram and Snapchat. Backing from a bigger firm with other revenue streams could give the social network more time to grow. Twitter’s wealth of user data also makes the company an attractive asset.

Again, this is all unconfirmed chatter, but we wouldn’t be totally shocked if it becomes more than just a rumor before too long.

Barrons USA Today

Jacob Kleinman

Jacob Kleinman has been working as a journalist online and in print since he arrived at Wesleyan University in 2007. After graduating, he took a...

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