Comment on For some inexplicable reason Twitter has reportedly held talks to acquire Flipboard (TWTR)

For some inexplicable reason Twitter has reportedly held talks to acquire Flipboard (TWTR)

Twitter is trying to buy magazine-style article curation app Flipboard in an all-stock deal that would value the latter company at $1 billion, according to Re/code's Kara Swisher. Re/code's sources say the deal was pushed by Twitter's chief financial officer Anthony Noto, but that the discussions "seem to be currently stalled." Business Insider has contacted both Twitter and Flipboard and we will update this article once we hear back.

 

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