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May 3, 2011 01:32 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/YdgQNJwyz6U/
Twitter To Buy TweetDeck For $40 Million "" $50 Million
Twitter has acquired TweetDeck, we've heard from a source with knowledge of the deal, and the transaction will be announced in the next few days. The $40 million - $50 million purchase price includes both cash and Twitter stock, says our source.In February we reported that an acquisition of TweetDeck by Bill Gross' UberMedia was all but done, in the $25 - $30 million range. And that deal was in fact all but done. But Twitter quickly provided an unsolicited counter offer, and TweetDeck was in play again. TechCrunch EU has the full story on how that played out.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/YdgQNJwyz6U/
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