Chat startup Discord Inc. has halted talks to sell itself to potential suitors including Microsoft Corp., according to people familiar with the matter, as it resumes interest in a potential initial public offering down the line.
Microsoft had been in advanced talks to acquire Discord for at least $10 billion, The Wall Street Journal reported last month. Those talks ended without a deal, though it is possible they could be rekindled in the future, some of the people said.
WSJ News Exclusive | Discord Ends Deal Talks With Microsoft
The chat startup has decided to remain independent as it resumes interest in a potential initial public offering.
www.wsj.com