Twitter shares plunge by a fifth

Twitter shares plunge by a fifth
 

Shares in social media website Twitter plunged by a fifth on Thursday amid worries about a lack of takeover interest.
Technology website Recode reported that Google, Apple and Walt Disney were unlikely to bid for the company.
Cloud software company Salesforce.com is now thought to be the most likely buyer of the business.
Twitter shares rose 5.74% on Wednesday on reports that it was expected to receive takeover bids this week.
Takeover talk Last month, the company's shares shot up by 20% after a report said it had received takeover approaches, and that its directors were open to a deal... read more

 
7 October 2016 in Business, Views: 52
Source: BBC
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