Prince Alwaleed’s Kingdom Holding may acquire 3% Twitter share


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Mon, 2011-10-24 11:18 - By  
Forbes reports that Prince Alwaleed bin Talal’s Kingdom Holding Co. has been reportedly interested in buying a stake in Twitter Inc. according to Sky News, a possible investment of $200 million to $300 million, giving Prince Alwaleed around 3 per cent stake in the social media company.  
 
It is not clear whether Alwaleed would be buying shares from Twitter cofounders Evan Williams or Biz Stone. Sky News says Alwaleed is believed to have spoken with at least one of the cofounders about buying part of their stake. The exact ownership stake of the cofounders has not been publicly reported.
 

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