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04

Twitter’s Drop to Lowest Since IPO May Lure Takeover Offers

By Tony Seruga

Jack Dorsey, interim chief executive officer and co-founder of Twitter Inc.

Photographer: Justin Tallis/AFP via Getty Images

Twitter Inc. management’s tough talk may be turning the company into a takeover target.

Shares slumped 5.6 percent on Monday to $29.27, the lowest price since the company’s November 2013 initial public offering. TheMOVE pushed Twitter below $20 billion in market value, making it more attractive to potential acquirers like Google Inc., investors said…

Twitter’s Drop to Lowest Since IPO May Lure Takeover Offers

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