Twitter confirms purported Bloomberg story is false
Get Alerts TWTR Hot Sheet
Join SI Premium – FREE
(Reuters) - A report claiming that Twitter Inc received an offer to be acquired for $31 billion, attributed to Bloomberg LP, is fake, Twitter and a spokesman for the news and financial data provider said on Tuesday.
Twitter shares jumped on the report, which was distributed on the Internet and closely resembled Bloomberg's news website. Its origins could not be immediately established.
The report appeared on a site called bloomberg.market, rather than bloomberg.com. Twitter did not immediately offer additional comment.
Twitter's stock was up 3.9 percent at $37.16 in early afternoon trading. Earlier, it rose as high as $38.82 in above average volume.
A Bloomberg spokesman declined to comment on the source of the fake Web page.
(Reporting by Yasmeen Abutaleb in San Francisco; Editing by Cynthia Osterman)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- EQT And KKKR Said Among Firms Considering Bids For Qiagen - Bloomberg
- BW LPG sells 2007-built vessel for ~$64M in net cash proceeds
- H.B. Fuller Board Said To Reject Ancora Bid For Adhesives Unit - Bloomberg
Create E-mail Alert Related Categories
Mergers and Acquisitions, Reuters, RumorsRelated Entities
TwitterSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share