Yep, Disney is in talks with bankers about possible Twitter acquisition

Disney has had talks about a potential acquisition of Twitter, we’ve confirmed. They’re working with bankers now to determine whether the deal makes sense, multiple sources have informed us. While some reports have suggested that Twitter could fetch $30 billion, we are hearing that the price tag is much lower. Twitter stock is currently trending […]

Rackspace jumps after Apollo Global buys it in $4.3 billion deal

Cloud company Rackspace on Friday announced that it has entered into a $4.3 billion cash deal with affiliates of Apollo Global Management to become a private company. Shares of the cloud-computing company climbed more than 4 percent following the announcement. Rackspace agreed to be acquired for $32 per share. “We are presented with a significant […]