By Brian Fung | CNN
The rapper formerly known as Kanye West will no longer be acquiring Parler, the alternative social media platform favored by conservatives including some far-right extremists, the company announced on Thursday. West has legally changed his name to Ye.
The decision to abandon the deal was mutual, Parler tweeted.
In a statement, Parler’s parent, Parlement Technologies, said it “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.”
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