Twitter Stock Surges On Disney Takeover Rumor

The list of potential Twitter acquirers continues to grow. In addition to recent reports that Salesforce and Google are interested in possibly buying the real-time news service, Disney is now said to be considering an acquisition bid as well. The news and entertainment conglomerate is “working with a financial adviser to evaluate a possible bid for Twitter,” according to a Bloomberg News report that cites anonymous sources familiar with the situation. In other words, Disney and an investment firm are going over Twitter’s financial data and looking at the potential benefits of combining the two companies, but that process could fall apart or be shelved at any point. Salesforce and Google are said to be in a similar situation, according to a number of recent reports, which also said that Twitter is working with Goldman Sachs to consider potential takeover offers for the company. That news helped push Twitter’s share price up 21% in mid-day trading on Friday.

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