Why Google Is The Most Likely Company That'll Acquire Twitter?

Loading...
Loading...

Although the rumors of Twitter Inc TWTR getting acquired or for that matter Twitter getting acquired by Google Inc GOOG are nothing new, they have yet again resurfaced recently mostly on back of the speculation that Google is seriously considering buying Twitter after the deal that happened a few months ago between the two companies.

 

Charles Sizemore, CIO at Sizemore Capital Management was on CNBC recently to discuss why Google is perhaps the most probable candidate that can acquire Twitter.

 

Process Of Elimination

 

"If there is any sort of potential deal in the works it's probably Google's just by process of elimination," Sizemore said. "There is really not that many big tech companies out there that would have the cash or the ability to buy a company Twitter's size."

 

Microsoft & Apple: Not Really

 

He continued, "[Now] Twitter is a $34 billion market-cap company there's just not that many and the companies that would have that kind of cash really aren't a good match I mean Microsoft, Apple, not really. Microsoft [is] more of a business services company, Apple is consumer electronics company, there is really no synergy with buying Twitter."

 

Still A Rumor

 

"Facebook is really more of a competitor; they probably wouldn't want to delve into that for antitrust reasons if nothing else. So, that really leaves Google by process of elimination, there is just nobody else big enough or with a big enough cash hoard that would be able to make a serious run at it, but I would add this is still a rumor, nothing more nothing else," Sizemore concluded.

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: CNBCMedia
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...