Saudi prince invests $300M for 3% stake in Twitter

Wall St Journal – Saudi Prince Alwaleed bin Talal and his Kingdom Holding Co. Monday announced their purchase of a $300 million stake in Twitter, calling it a strategic investment in a company they said is remaking the media landscape. The Twitter purchase represents the prince’s drive “to invest in promising, high-growth businesses with a global impact,” an emailed statement from Kingdom Holding quoted the Saudi prince as saying. Read Article

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