Tag: Twitter sale

Twitter shares plunge as suitors turn away

Twitter shares plunge as suitors turn away

Written by on October 7, 2016 in News with 0 Comments

(Reuters) – Twitter Inc shares plunged on Thursday as fears mounted that a much-anticipated auction of the social media company will draw minimal interest from potential buyers. With stagnant user growth and continuing losses, Twitter’s board agreed last month to consider a sale, and has told potential acquirers it wants such deliberations to conclude by […]

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Twitter wants sale agreed by the end of October

Twitter wants sale agreed by the end of October

Written by on October 6, 2016 in News with 0 Comments

(Reuters) – Twitter Inc has told potential acquirers it is seeking to conclude negotiations about selling itself by the time it reports third-quarter earnings on Oct. 27, according to people familiar with the matter. The timeline is hugely ambitious in the context of most mergers and acquisitions, given that Twitter began mulling a sale only […]

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As predicted, Twitter in talks about a sale

As predicted, Twitter in talks about a sale

Written by on September 26, 2016 in News with 0 Comments

(Reuters) – Twitter Inc has initiated talks with several technology companies to explore selling itself, a person familiar with the matter said on Friday, signalling the start of what is likely to be a slow-rolling auction of the high-profile but money-losing social media company. A sale of Twitter has been the subject of on-again, off-again […]

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