Twitter (TWTR) Said to Have Discussed $4 Billion Clubhouse Takeover - Bloomberg

April 7, 2021 4:05 PM EDT

Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.

(Updated - April 7, 2021 4:07 PM EDT)

Twitter (NYSE: TWTR) held talks in recent months to acquire Clubhouse, according to Bloomberg, citing people familiar with the matter.

The companies discussed a potential valuation of roughly $4 billion for Clubhouse.

Discussions are no longer ongoing, and it's unclear why they stalled.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Hot M&A, Mergers and Acquisitions, Rumors

Related Entities

Twitter, Definitive Agreement