Microsoft and Discord Unlikely To Reach A Deal With Discord Likely To Go Public Believe Sources
https://wccftech.com/microsoft-and-discord-unlikely-to-reach-a-deal-with-discord-likely-to-go-public-believe-sources/
Building on its spree of acquisitions to gain a strong foothold in the gaming market, Microsoft Corporation is rumored to be interested in acquiring digital communication and distribution platform Discord Inc. The company is in the early stages of the talks and no outcome is guaranteed for the time being report Bloomberg's sources. Additionally, the talks come as Discord seeks to go public in an offering on the stock market, and Microsoft is willing to offer as much as $10 billion for the deal.
Judging by the details of today's report, the chances of the deal seeing the light of the day appear to be quite slim. as one of the people that Bloomberg contacted believes that Discord is more likely to go public than to strike a deal with the Redmond-based software giant best known for its Windows personal computing operating system. By raising the possibility of a public listing, Discord is likely to raise its asking price from potential acquirers.