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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 5.660-1.0%Jan 2 3:59 PM EST

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To: Glenn Petersen who wrote (4085)2/1/2016 10:14:58 AM
From: richardred   of 7254
 

Twitter (TWTR) Stock Spikes on Potential Deal



By Rachel Graf Follow | 02/01/16 - 08:52 AM EST


Get TheStreet Quant Ratings' exclusive 5-page report for (TWTR) - FREE.




NEW YORK ( TheStreet) -- Twitter ( TWTR - Get Report) stock is rising by 7.80% to $18.11 in pre-market trading on Monday, as investor Marc Andreessen might partner with private equity firm Silver Lake to purchase the social network, The Information reports.

The two entities have "considered some sort of deal," sources told The Information.

Twitter shares tumbled 35% last year, as the company conducts a major overhaul in an effort to boost growth
thestreet.com
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