BlackRock to buy $80 million Twitter stake: source

The BlackRock logo is seen outside of its offices in New YorkSAN FRANCISCO (Reuters) – BlackRock, the world's largest asset management company, has taken an $80 million stake in Twitter Inc, a person with knowledge of the deal said Friday. The six-year old social media company will not raise new capital as part of the private deal that values the firm at more than $9 billion. BlackRock will buy shares directly from early Twitter employees seeking to liquidate their stock holdings and options. …

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BlackRock to buy $80 million Twitter stake: source

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