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With Twilio under activist pressure, Segment could be put up for sale

Twilio's acquisition of Segment is under review, which could possibly result in a sale. Activist investors are pressuring Twilio to divest assets to boost shareholder value. However, selling Segment might not recover the $3.2 billion acquisition price. Twilio's core communications business is the main focus for increasing the company's value.

    #enterprise#acquisition#twilio
Feb 18, 2024•6m read time•From techcrunch.com
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