Twitter left high and dry by potential buyers Google and Disney

Twitter has been jilted by most of its potential suitors, with Google, Disney and Apple no longer interested in buying the social media company.

Twitter left high and dry by potential buyers Google and Disney

The dropouts leave cloud computing firm Salesforce, which had previously been considering a joint acquisition with Google, as the sole potential buyer, as it stands – reducing the chances of a bidding war taking place.

While Google and Disney have not commented, sources told tech site Recode that neither would be moving forward with a bid. Recode’s sources also ruled out a move by Apple, one of the other companies often suggested as a potential bidder.

Salesforce chief executive Marc Benioff, meanwhile, appeared on US news channel CNBC and would not be drawn directly on whether he would make a bid for Twitter.

Twitter’s shares fell more than 18% yesterday in New York, wiping $3.2bn (£2.5bn) off the value of the company, after the news emerged that Google and Disney would not be in contention for a takeover.


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