Twitter's (TWTR) Sale Process Said Almost Dead - Bloomberg
Twitter's (NYSE: TWTR) sale process is almost dead, as top bidders lose interest amid pressure from investors, according to Bloomberg, citing people familiar with the matter. Alphabet (NASDAQ: GOOGL), salesforce.com (NYSE: CRM), and Disney (NYSE: DIS) are unlikely to make a bid, the report said.
The report states that Twitter has considered other solutions, such as divestitures of assets not central to its business.