Deals
Twitter Surges on Report It's Said to Be Moving Closer to Sale
- Company reportedly in talks with Salesforce, Google, others
- Speculation has swirled since Microsoft bought LinkedIn
Twitter Sales Talk Pushes Share Price Higher
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Twitter Inc. shares soared the most in more than two years Friday after CNBC said the company may soon receive a takeover offer.
The beleaguered social media company is engaged in conversations with potential suitors that are said to include Salesforce.com Inc. and Alphabet Inc. unit Google, among others, CNBC said without citing its sources. Twitter may get a formal offer shortly, sources told the network’s David Faber.