Sep
27
Disney Said to Be Working on Twitter Bid
Posted in: Uncategorized
The Walt Disney Co. is working with a financial adviser to evaluate a possible bid for Twitter, according to people familiar with the matter.
After receiving interest in discussing a deal, Twitter has started a process to evaluate a potential sale. Salesforce.com Inc. is also considering a bid, working with Bank of America on the process, according to other people, who declined to be named because the matter is private.
Representatives for Twitter and Disney didn’t immediately respond to requests for comment.
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