Parler Terminates Acquisition Negotiations with Kanye West

Parler has officially announced that they have terminated acquisition negotiations with Kanye West, aka Ye, stating that the mutual agreement was made in the best interest of both parties in mid-November.

Per the official announcement: “In response to numerous media inquiries, Parlement Technologies would like to confirm that the company has mutually agreed with Ye to terminate the intent of sale of Parler. This decision was made in the interest of both parties in mid-November.”

“Parler will continue to pursue future opportunities for growth and the evolution of the platform for our vibrant community.”

While the reasoning that led to the decision was not made clear or addressed, it is likely related to Ye’s continuous controversial posts, including antisemitic posts.