Twitter shares took a tumble yesterday following reports that neither Apple nor Google are interested in making a bid for the social media company.
Last month, Twitter shares rose 20 percent after rumors emerged that it had received takeover approaches from several tech giants and that its board of directors was open to a deal, which could come by the end of this year.
But according to sources who spoke to Recode yesterday, Twitter should have "low expectations" of receiving an offer from Apple, while Google – hitherto considered its most likely suitor – is no longer moving forward with an effort to buy at this time.
CNBC confirmed late Wednesday that Google and Apple are of the list of possible suitors … The post Google, Apple Not Interested in Twitter appeared first on Mobile Marketing Watch.
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Sources state that Google, Apple, and even Disney are all no longer interested in making a bid for Twitter, drastically shrinking the number of potential buyers.