Exclusive: Twitter to conclude sale deliberations this month - sources



Twitter Inc has told potential acquirers it is seeking to conclude negotiations about selling itself by the time it reports third-quarter earnings on Oct. 27, according to people familiar with the matter.
The timeline is hugely ambitious in the context of most mergers and acquisitions, given that Twitter began mulling a sale only last month. It is the clearest sign yet that Chief Executive Jack Dorsey is pushing to provide clarity to shareholders and employees over the company's future as quickly as possible.
Binding acquisition offers are due in the next two weeks, and Twitter has already... read more

 
6 October 2016 in Science &Technology, Views: 83
Source: Reuters
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