salesforce.com (CRM) Says 'No Comment' on Twitter (TWTR) Rumors
Get Alerts CRM Hot Sheet
Join SI Premium – FREE
salesforce.com (NYSE: CRM) offered no comment on rumors today it could buy Twitter (NYSE: TWTR).
"We don't comment on rumors," Chi Hea Cho, VP Corporate Communications at salesforce, told StreetInsider in an e-mail after CNBC's David Faber reported this morning that the company and Google are eyeing a potential Twitter takeover.
The comments comes despite an exec at salesforce stoking the takeover flames after tweeting positive about the company after the rumors broke. salesforce Chief Digital Evangelist Vala noted the following positives about Twitter:
- personal learning network
- the best realtime, context rich news
- democratize intelligence
- great place to promote others
Why @twitter?
— Vala Afshar (@ValaAfshar) September 23, 2016
1 personal learning network
2 the best realtime, context rich news
3 democratize intelligence
4 great place to promote others
salesforce lost a bidding war with Microsoft (NASDAQ: MSFT) for LinkedIn (NASDAQ: LNKD) earlier this year.
Shares of the CRM are down 3.6% as investors are having a hard time understanding how a deal with Twitter would fit.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Nordstrom family weighing taking retailer private - WSJ
- Thoughtworks (TWKS) Acquires Technology and Talent from Watchful
- GE HealthCare (GEHC) Introduces AI-Enhanced Voluson Signature 20 and 18 Ultrasound Systems to Advance Women’s Health Imaging
Create E-mail Alert Related Categories
Rumors, Trader TalkRelated Entities
David Faber, TwitterSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!