Acquisition talks over between Facebook and Twitter?

I just read that talks between Facebook and Twitter are over for now. Facebook wanted to buy Twitter for 500 Million dollars. This included $100 million in cash and $400 million in stock. That is some serious money. The talks between the two broke down because Twitter thinks that the stock price is inflated and not worth that much. Can Twitter stay a float with these economic times? I don’t know but they should start putting up ads on there website.

Facebook CEO is really impressed with Twitters model and There really impressed by what they’ve done. I like both companies and I use thier website all the time. I hope both companies stay a float and don’t go bust in this economic troubled times. I don’t really care if Facebook buys Twitter because both companies are great at what they do.

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November 25, 2008 | Filed Under General

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One Response to “Acquisition talks over between Facebook and Twitter?”

  1. danNo Gravatar on November 25th, 2008 8:37 am

    not exactly related to this post, but interesting as well

    http://www.logblo.com/2008/11/24/WhoAreTheTwitterPeople.aspx

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