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by Angsuman Chakraborty.
Original Post: Twitter Denies Facebook on A $500 Million Takeover!
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Facebook offered to buy Twitter for $500 million of overvalued Facebook stock, Kara Swisher says. Twitter rejected the offer for several reasons:
And they can be,
At Facebook's real valuation, $5 billion or so, the offer only amounted to $150 million (not bad for two-year old company with no revenue, but a far cry from the billion-dollar [...]
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