Foursquare seeking strategic investors—report

Thursday, 29 Aug 2013 | 2:27 PM ET
Source: Foursquare

Foursquare, the social app that lets users share their location with friends, is seeking a strategic partner, Bloomberg News reported Thursday.

The company is in talks with multiple technology companies, according to the report. It is also talking to creditors about converting their debt into equity.

For more read the Bloomberg News story here.

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