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Twitter's Stone Confirms Facebook Tried to Take Over Company, FT Reports

Twitter Inc. co-founder Biz Stone said Facebook Inc. offered to buy the company in 2008 for an estimated $500 million in stock, the Financial Times reported, citing an interview with Stone. Stone said Mark Zuckerberg could offer nothing that the co-founders of Twitter wanted, according to the report.

To contact the editor responsible for this story: Victoria Richards at vrichards@bloomberg.net

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