Saudi prince's investment firm increases Twitter stake
by Reuters from Technology | The Guardian on (#PQFK)
Kingdom Holding and Prince Alwaleed bin Talal together own more than 5% of US company after $50m investment
Saudi billionaire Prince Alwaleed bin Talal and his investment firm now own more than 5% of Twitter, his office has said.
Kingdom Holding has paid $50m (33m) to double its stake in the microblogging site to 0.72%, the Riyadh-based company said in a separate bourse statement on Wednesday.
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