Executives from the sinking micro-blogging website Twitter have met Yahoo CEO Marissa Mayer to discussmerger opportunities, the media mentioned.
on the control assembly, Twitter and Yahoo executives spent several hours hashing out Yahoo’s financials and whether or not a strategic blend may make feel, a source near the talks advised the new yorksubmit on Friday.
“Twitter is the destination for fast news and Yahoo has lots of eyeballs on its site. The concept isn’t ascrazy as you may assume,” the supply turned into quoted as saying.
according to the document, Twitter seemed specifically interested in taking records out of Yahoo and it bowed out of the bidding method quickly. Twitter CEO Dorsey did now not display up for the Yahooassembly.
“while your CEO does no longer show up for a management meeting, you need to marvel how serious itturned into,” the supply stated, including that Twitter’s hobby was now not driven via “a few largethesis – it become a flyer”.
meanwhile, a Twitter spokesperson has stated that the corporation does no longer touch upon hearsayand hypothesis.
Yahoo officers declined to comment.
2nd–spherical bids for Yahoo’s middle internet business are due early next week with telecom largeVerizon nonetheless visible as leading the p.c..
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