Actually the title goes beyond "uninformative" to misleading. A company isn't worth $740mm because it says so. The deal failed so it was never worth that. This

Actually the title goes beyond "uninformative" to misleading. A company isn't worth $740mm because it says so. The deal failed so it was never worth that. This article said the offer was "rejected" and sourced Techcrunch which did not say the offer was rejected but that the deal failed (likely in due diligence).