Disney's stock slumped 1.7% in afternoon trade, with losses accelerating after the report of interest in Twitter.Various sources mention that Google might be a potential buyer.
Saturday, October 01, 2016
Disney deal may not be so tweet
This article at MarketWatch.com discusses the rumor that Disney might buy Twitter. Analyst Richard Tullo thinks the deal is not a good fit and Twitter is too expensive. Disney investors apparently don't like the potential deal much either.