Report: Disney Eyeing Potential Bid For Twitter

LOS ANGELES (CBSLA.com) — Disney is reportedly considering a potential bid to acquire Twitter.

According to a Bloomberg report, The Walt Disney Co. has begun working with a financial adviser about possibly acquiring the social media company, which has been rumored to be headed for a sale.

Twitter CEO Jack Dorsey is also on the Disney board, according to Bloomberg.

Salesforce.com, another rumored potential suitor, is also reportedly working with Bank of America on a possible bid.

Comments

Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Los Angeles

KNX 1070 Newsradio
Play.It

Listen Live