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Salesforce still mulls bid for Twitter as shareholders resist: sources
October 10, 2016 by creative · Leave a Comment
Salesforce.com Inc is still deliberating whether it should make an offer for Twitter Inc in the face of resistance from Salesforce shareholders over the strategic merits and valuation of such a deal, people familiar with the matter said on Monday. Twitter shares have lost as much as a third of their value since Oct. 5 on concerns the company has attracted less interest from potential acquirers than previously envisaged. Salesforce is deliberating whether it is worth making a lowball offer for Twitter in the coming days based on Twitter's…
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Salesforce still mulls bid for Twitter as shareholders resist: sources