JPMorgan Chase Seeking to Buy a Minority Stake in Twitter


As foretold, JPMorgan Chase’s new fund aimed at investing in social-media companies is seeking to buy a minority stake in Twitter that could value the social-media site at close to $4.5 billion. It is still unclear whether the J.P. Morgan Digital Growth Fund is interested in investing directly in Twitter or buying up current investors’ stakes with the company’s consent. [DealBook/NYT]