Everyone wants a piece of Twitter: Finance giant J.P. Morgan Chase & Co. is reportedly in talks to take a minority stake in the social-networking favorite in a deal that would send Twitter’s valuation up to more than $4 billion. The investment, the exact terms of which have yet to be disclosed, would come out of J.P. Morgan’s digital growth fund, which the bank announced last week contains $1.2 billion. J.P. Morgan has also been buying up private shares of Twitter on exchanges—a move separate from its interest in a minority stake, sources say.
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