1. The Rumor about Steve Ballmer Wanting to Buy Twitter is Dismissed

    The Rumor about Steve Ballmer Wanting to Buy Twitter is Dismissed

    Twitter stock is up nearly 9% in midday trading on Wednesday on market chatter of a potential acquisition. The rumored buyers: former Microsoft CEO Steve Ballmer and Saudi Arabia's Prince Al-Waleed bin Talal. But according to SunTrust analyst Robert Peck, the chatter is just a rumor and a deal is unlikely to happen...

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    1. We think it is extremely unlikely that Twitter would want to sell currently.
    2. We see value in the company's global platform, offerings and balance sheet, but think a notable activist investor or strategic acquirer would likely have to drive an acquisition of TWTR.
    3. They have had a bit of a tough run from a stock-price perspective, but over the longer run, I think they'll continue to be a great company.
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