Twitter Offered To Buy Instagram For $525 Million, Contrary To Testimony From Instagram's CEO (FB) Unlike most reports of an almost-deal, this one, according to Bilton, could lead to legal trouble for Instagram CEO Kevin Systrom. Bilton says Systrom previously worked in M&A at Google, so he knew the ins and outs of acquisitions. Bilton also says Systrom never met at Twitter's offices or Instagram's; instead they always met somewhere neutral like a restaurant. Continue reading
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