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Twitter Drops 13% as Bloomberg Says Potential Suitors Walk Away

Shares of Twitter (TWTR), are down $2.50, or almost 13%, at $17.35, after Bloomberg’s Sarah Frier, Brian Womack, and Alex Sherman this morning reported that "top potential bidders were said to have lost interest in making offers amid pressure from their investors,” citing multiple unnamed sources. Potential suitors that included Alphabet (GOOGL), Salesforce (CRM), and Walt Disney (DIS) "are unlikely to make a bid,” they write, and “on Friday, Twitter had planned to have a board meeting with outside advisers on a sale but canceled, one of the people said.
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