Saudi Prince Alwaleed bin Talal Invests $300 Million in Twitter
Billionaire Saudi Prince Alwaleed bin Talal and his Kingdom Holding Co. have invested $300 million in the micro-blogging site Twitter.
He told The Associated Press he wanted to invest in a "promising, high-growth businesses with a global impact."
Kingdom Holding Co., based in Riyadh, is a major shareholder in Citigroup and holds stakes in several other major Western companies including Apple Inc. and News Corp.
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