Twitter (TWTR) Gains as Bidding Said to Start this Week

October 5, 2016 6:26 AM EDT

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Twitter (NYSE: TWTR) shares are up 3.5% in pre-open trade Wednesday following reports overnight from the Wall Street Journal the company will start fielding bids this week.

Salesforce (NYSE: CRM), who kicked off the sales process with its recent approach, is expected to bid. Google (NASDAQ: GOOGL) and Walt Disney (NYSE: DIS) could also submit offers.

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