Private-equity firm Silver Lake Partners is not interested in a Twitter deal, Fortune reported.
Silver Lake was reported to have "considered" teaming up with venture capitalist Marc Andreessen for some kind of a deal to buy Twitter, according to a report by The Information on Sunday. The report sent Twitter's shares popping as much as 12% at one point in Monday trading.
The original report said that it was unclear if any deal talks were currently active, but noted that one possible scenario would involve a PIPE deal (Private Investment in Public Equity), in which private investors acquire a slice of a publicly held company, like Twitter.
But according to Fortune, which cites an anonymous source, Silver Lake has no interest in acquiring "even a slice" of the social-media site.
Twitter's stock is down more than 66% from its 52-week high, as the company struggles to boost its user growth. The company's declining stock has sparked speculation that it could become a takeover target.
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