Twitter might sell itself in less than a month

Oct06

by Sindy Cator on October 6, 2016 at 9:52 am

Following a disappointing second quarter (PDF) in which Twitter’s profits came in lower than expected on its $602 million of revenue for Q2, the company is reportedly looking to sell itself – and fast. According to Reuters’ sources, the company is looking to close a deal by October 27. They noted that Google, Disney and Salesforce were interested. However, the first two have since dropped out of the running, which led to a 9 percent slump in Twitter’s share price, which was last down to $22.58. That leaves only Salesforce to snap up the microblogging network. It’d certainly be interesting…