Twitter’s stock price rises after Google buyout rumours – not for the first time

Market watcher's unsubstantiated rumours of a Google takeover of Twitter leads to stock price rise, but is an acquisition likely?

Rumours that Google is looking to buy Twitter propelled the social network's stock price to a 4% rise on Tuesday, but this isn't the first time it's happened.

Reports from market analysis firm Briefing.com indicated Twitter had hired Goldman Sachs to fend off two possible takeover attempts, including one from Google. The unconfirmed rumours, on which Twitter declined to comment, led to a 4% rise in its stock.