Deals
Salesforce Slumps on Concern About Potential Twitter Bid
- Salesforce stock at seven-month low, while Twitter climbs
- Benioff may be quizzed on Twitter interest at Dreamforce
Twitter Slumps After Report Says Google Won't Make Bid
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Salesforce.com Inc. shares fell 5.8 percent Wednesday on concern the business software company may make a bid for fallen social media star Twitter Inc.
Salesforce Chief Executive Officer Marc Benioff declined to comment directly on a potential Twitter acquisition during an appearance on CNBC, though he is likely to be asked about it again when he speaks at the company’s Dreamforce conference in San Francisco later in the day.