10-10-2016 16:32 via uk.news.yahoo.com

Twitter's shares slump on report that potential bidders lose interest

Salesforce, Alphabet Inc's Google and Walt Disney Co , which had worked with banks on a potential acquisition, are unlikely to proceed, Bloomberg reported on Saturday, citing people familiar with the matter. Twitter had planned to hold a board meeting with outside advisers on Friday to discuss a sale but canceled, Bloomberg reported, citing one person familiar with the matter. Twitter's shares plunged about 20 percent over the final two days of last week after technology website Recode reported
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