Twitter shares plunge on report Google has no plan to make bid

Twitter shares plunge on report Google has no plan to make bid
 

Twitter Inc's shares plunged more than 19 percent in early trading on Thursday after technology website Recode reported that Alphabet Inc's Google does not "currently" plan to make a bid for the company.
Walt Disney Co has also decided not to move forward with a bid, while Apple Inc is unlikely to be a suitor, Recode reported on Wednesday, citing sources.
That leaves Salesforce.com Inc as the only potential buyer, Recode said, although the cloud-software maker has not confirmed publicly that it wants to make a bid.
Salesforce Chief Executive Marc Benioff told CNBC on Wednesday... read more

 
6 October 2016 in Science &Technology, Views: 41
Source: Reuters
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