"JPMorgan Chase’s new fund aimed at investing in social media companies is seeking to buy a minority stake in Twitter that could value the service at close to $4.5 billion, people briefed on the matter said Sunday."
The fund is reported to be worth 1.2 billion dollars. It's not quite sure if the fund will invest directly in Twitter or buy out other Twitter investors.
For those who don't know, JP Morgan Chase & Company are banking giants, valued at 1 trillion dollars and have 2.12 trillion dollars in total assets.
You can read more about this in the NY Times
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