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efta-efta00674953DOJ Data Set 9OtherFrom: Richard Kahn •
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DOJ Data Set 9
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efta-efta00674953
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From: Richard Kahn •
To: "Jeffrey E." <[email protected]>
Subject: TWTR
Date: Tue, 07 Apr 2015 17:38:04 +0000
Twitter +3.5% on M&A rumors; character limit
expanding for retweets
Apr 7 2015, 11:14 ET I By: Eric Jhonsa, SA News Editor r
• Vague M&A rumors have propelled Twitter (TWTR - $33.6B market cap) above $52. Barron's reports
hearing of chatter that two companies have approached Twitter with "serious" interest.
• Meanwhile, Twitter is updating its Quote Tweet button to let users add up to 116 characters to a post that's
being retweeted and replied to. Until now, quoted text had to be included within a post, thus counting
towards a 140-character limit. The feature is initially rolling out to iPhone and Web users; Android support
will arrive later.
• Twitter rallied in January on rumors Carl Icahn had taken a stake; Icahn denied them soon afterwards.
25.9M shares were shorted as of March 13.
Richard Kahn
HBRK Associates Inc.
575 Lexington Avenue 4th Floor
New York NY 10022
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EFTA00674953
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