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Twitter Sale Process Said To Be "Almost Dead"

For Twitter shareholders it may be easy come, easier go. After TWTR's stock soared during the past two weeks on news reports the company had hired Goldman to find a willing suitor, with substantial preliminary interest from a group of potential buyers including Google, Salesforce and Disney despite some stern warnings from the sellside, especially Citigroup, that a sale may be problematic at best, and fetch a far lower price than many had expected, last week Twitter shares tumbled after several reports that some of the more prominent buyers, such as Google and Disney, had gotten cold feet about the process and had backed out, but at least Salesforce still tentatively remain part of the process.
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