In the News August 3, 2015

Bloomberg Business Talks Twitter with Ted Hollifield

With Twitter’s stock slumping and company leadership departing, there is speculation that the company could be ripe for acquisition by another Internet giant.

“Sometimes a dip in trading price of a stock can be a triggering event for deeper M&A discussions,” said Ted Hollifield, partner in Alston & Bird’s Corporate & Finance Group and head of the firm’s Silicon Valley office. 

“If you were to go down a list of large tech companies with big cash piles, many of those names would make a lot of sense to at least have casual engagement with Twitter now,” added Hollifield, who holds Twitter stock personally.
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