Tuesday, January 06, 2015

Biz Break: Twitter soars after talk of Yahoo acquisition - San Jose Mercury News

In another possible pairing permutation, see Verizon Has Approached AOL for Possible Takeover or Joint Venture (Bloomberg)

"Twitter stock soared Tuesday after former interim Yahoo CEO Ross Levinsohn suggested that the San Francisco social-networking company should buy Yahoo.

Twitter shares gained 6.5 percent to $38.76 Tuesday, easily the biggest jump in the SV150 -- the next largest percentage gain was 2.3 percent by Rocket Fuel, and no other major Silicon Valley tech company added more than 2 percent on the day. Most of Twitter's gains came in the afternoon session, after Levinsohn told CNBC that he believes Twitter should buy the core business of Yahoo."
Biz Break: Twitter soars after talk of Yahoo acquisition - San Jose Mercury News
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