Disney considers purchasing Twitter?


According to Bloomberg.com, the Walt Disney Co. is considering a bid to purchase Twitter Inc. and is currently working with a financial advisor to evaluate this possibility. After previously receiving some interest in a sale, Twitter started the process of evaluating the possibility. The article mentions that Salesforce.com Inc. is working with Bank of America to also consider a possible bid. After the news of Salesforce.com's interest broke last week, the speculation of Twitter being sold has ramped up, leading the company’s share price to jump 21 percent on Friday. Twitter’s CEO, Jack Dorsey, is also on Disney’s board. News source: Bloomberg.com