Twitter Stock Soars After Rumors Of Google Takeover

SAN FRANCISCO (CBS SF) -- Rumors are swirling again that Google is trying to buy Twitter, raising the social media website's stock to $52, a 4 percent increase on Tuesday.

The live market analysis firm Briefing.com fueled the hearsay after indicating that Twitter had hired Goldman Sachs advisors to help fend a takeover offer.

In 2011, Twitter turned down individual buyout offers from Google and Facebook after holding several low-level talks.

Twitter is currently valued $33 billion with almost 300 million active monthly users.

Google declined to comment and Twitter did not immediately respond to an email seeking comment.

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