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by RyanZAG 3075 days ago
I'd guess he has more profitable and more useful things to spend his money on than Twitter.
1 comments

Defending that archaic terminal monopoly for one.

In all seriousness, as savvy as Bloomberg has been throughout his career, I'd expect him to wait until valuations plunge again, before making any big moves. I also wouldn't expect them to bother with Twitter.

He's a signer to the giving pledge. At nearly 76, he's no doubt facing a serious decision about what to do with his company. I'd expect either a public listing, or a sale to a large financial firm (JP Morgan etc).

Surely regulators wouldn't let Bloomberg be bought by a large financial firm whose competitors all rely on the data?
I wouldn't even worry about regulators in that case. What financial institution is going to rely on a product that your competitor has control over?