J.P. Morgan Chase is in talks to take a minority stake in Twitter that would value the microblogging site at $4.5 billion, according to published reports.
The investment firm's new $1.2 billion Digital Growth Fund is leading the effort, however exact terms of a possible investment are unknown, according to reports in The Wall Street Journal and The New York Times that cited people familiar with the matter. The sources cautioned that talks are continuing and there is no guarantee an agreement will be reached.
Twitter representatives declined to comment.
The fund, which is expected to … Read more