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.
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.

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