Tuesday, January 26, 2016

Twitter’s Turmoil May Invite Takeover Attempts - The New York Times

Could be worse... Also see What Analysts Are Saying About Twitter’s Overhaul of Its Top Ranks (WSJ)
"Add Twitter’s market meltdown — the company’s stock now trades about a third below where it went public in 2013 — and Mr. Dorsey’s creation looks vulnerable. Moreover, unlike at many tech businesses, there’s no dominant or super-voting shareholder able to block takeover attempts. Google, Facebook or a more traditional media company could perhaps be tempted to buy Twitter.

That might be a better outcome than a fate like Yahoo’s. The company squandered its moment in the sun and ended up struggling with its core businesses and looking for new ideas under a series of chief executives, the latest being Marissa Mayer. Twitter has not reached that point yet, but the possibility should focus Mr. Dorsey’s mind on the need for greater stability."
Twitter’s Turmoil May Invite Takeover Attempts - The New York Times
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