Report: Silver Like Has 'No Interest In Acquiring Even A Slice Of Twitter'

Shares of Twitter Inc TWTR surged Monday morning following a report by The Information which suggested that notable investor Marc Andreeson and Silver Lake have "considered some sort of deal" to acquire the struggling tech company. Related Link: Twitter Up For Sale? Shares Spike Amid Report Marc Andreessen, Silver Lake 'Have Considered Some Sort Of Deal' However, a report by Fortune stated that Silver Lake has "no interest in acquiring even a slice of Twitter." Fortune, citing "a source familiar with the matter" noted that Silver Lake's interest in Twitter represents a "tepid" rumour but nevertheless proved to be convincing enough to drive Twitter's stock higher by more than 8 percent on Monday. Shares of Twitter hit an intra-day high of $18.77 late Monday morning but gave up some of its gains. Shortly after the release Fortune's report, shares of Twitter were trading higher by just 4.17 percent at $17.50.