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September 23, 2016 04:00 pm

Salesforce, Google, Microsoft, Verizon Are In Talks With Twitter For a Potential Acquisition

Twitter is in conversation with a number of tech companies for a potential sale. The social company is in talks with Google and cloud computing company Salesforce (which also wanted to purchase LinkedIn), and may receive a formal offer soon, reports CNBC. TechCrunch corroborating on the report adds that Microsoft and Verizon are also in talks, albeit separately, with Twitter for the same. From CNBC report: Shares of Twitter were up 20 percent Friday. Twitter's board of directors is said to be largely desirous of a deal, according to people close to the situation, but no sale is imminent. There's no assurance a deal will materialize, but one source close to the conversations said that they are picking up momentum and could result in a deal before year-end. Suitors are said to be interested as much in the data that Twitter generates as its place as a media company.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/s5Khv8czjjg/salesforce-google-microsoft-verizon-are-in-talks-with-twitter-for-a-potential-acquisition

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