Conversations about acquisitions happen all the time, so maybe the story about Twitter and SoundCloud discussing a deal was more of an interesting leak than a close call. In the past two days, we’ve learned that there were conversations between the two, there was a deadline for exclusivity of talks, and that it passed with no deal.
Re/code, which first reported the conversations Monday, said Tuesday that Twitter walked away from the deal. But it was clear that SoundCloud’s price would be high, perhaps too high for Twitter to justify. And indeed, the Wall Street Journal reported that Twitter decided “the numbers didn’t add up,” and backed out.