By ANUPREETA DAS And AMIR EFRATI
A fund run by J.P. Morgan Chase & Co. is in talks with Twitter Inc. to take a minority stake in the rapidly growing microblogging company, people familiar with the matter said.
The investment, which is expected to value Twitter at more than $4 billion, will be made from the bank’s new $1.2 billion digital growth fund, these people said. Exact terms of the potential deal couldn’t be learned.
Discussions between J.P. Morgan and Twitter are continuing, and there is no guarantee a deal will be struck, the people added.
J.P. Morgan also has purchased a significant amount of Twitter’s shares on exchanges for private-company stock, separate from its talks for a direct stake in the company, said a person familiar with the matter.
Continue reading … WSJ
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They want to buy it so they can censor anything with jp in the titles.
I’m sure also to get info from users. Same goes for Goldman going after Facebook…
More than meets the eyes. IMO
start boycotting Twitter before the sale…