Twitter shares take flight on take-over deal rumor

Twitter shares shot up Monday amid reports of a possible deal with big-name investors to take over the struggling Internet firm. Twitter shares were up more than eight percent to $18.15 at about 1720 GMT. The market reaction was fueled by a report at technology-industry focused website The Information that venture capital powerhouse Marc Andreessen and the firm Silver Lake Partners is considering a deal, perhaps to acquire or take a controlling stake in San Francisco-based Twitter.