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Twitter Possibly Received Expression of Interest From Other Companies

Category: General News
Posted: 11:12AM

While nothing is definite, there is a possibility that by the end of the year, Twitter may be under new ownership. Supposedly the company has received expressions of interest from others, including Google and Salesforce.com, which resulted in Twitter's shares rising on Friday. This is still just rumor though, but Twitter's board of directors is open to being purchased supposedly, so if this is true and the momentum builds, we could see a deal made by the end of the year. If such a purchase is made, the buyer would not just be receiving the social media platform, but all of the data it generates, which could prove very valuable for some businesses.

Source: CNBC

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