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Twitter: Disney Bid Makes No Sense, Says RBCC; Yes, It Does, Says Monness

Shares of Twitter (TWTR) are up 6 cents at $23.43, as CNBC’s David Faber this morning added more fuel to the fire of M&A speculation, reiterating that multiple potential bidders are interested, including Walt Disney (DIS), Salesforce (CRM), Google (GOOGL), and Microsoft (MSFT). Faber said this morning Salesforce has been the “most aggressive” among the bidders. He also reiterated a contention the Twitter board is moving more rapidly to a more “formal” process.
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