Disney Working On Potential Twitter Bid: report
The Walt Disney Co. is working with a financial adviser to evaluate a possible bid for Twitter Inc., according to a new report.
After receiving interest in discussing a deal, Twitter has started a process to evaluate a potential sale. Salesforce.com is also considering a bid, working with Bank of America on the process, Bloomberg reports, citing people familiar with the matter.
Representatives for Twitter and Disney didn’t respond to requests for comment.