Twitter Holds Merger Talks With Yahoo: Report

Twitter Holds Merger Talks With Yahoo: ReportExecutives from the sinking micro-running a blog website Twitter have met Yahoo CEO Marissa Mayer to speak about merger opportunities, the media pronounced.

on the control assembly, Twitter and Yahoo executives spent several hours hashing out Yahoo’s financials and whether or not a strategic combination would possibly make experience, a source close to the talks instructed the the big apple post on Friday.

“Twitter is the destination for fast news and Yahoo has a variety of eyeballs on its web page. The concept isn’t always as crazy as you would possibly suppose,” the source turned into quoted as pronouncing.

in line with the record, Twitter seemed specially interested by taking records out of Yahoo and it bowed out of the bidding manner soon. Twitter CEO Dorsey did no longer display up for the Yahoo assembly.

“whilst your CEO does no longer show up for a management meeting, you need to wonder how critical it was,” the supply stated, adding that Twitter’s interest become not pushed by “a few massive thesis – it become a flyer”.

in the meantime, a Twitter spokesperson has stated that the organization does now not comment on rumour and speculation.

Yahoo officers declined to comment.

second-spherical bids for Yahoo’s middle internet enterprise are due early next week with telecom giant Verizon still visible as leading the p.c..

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