Disney Said to Be Considering Possible Bid for Twitter Merger
By ETCentric
September 27, 2016
September 27, 2016
Following the CNBC report that Google and Salesforce.com were among those being considered for a Twitter takeover, TechCrunch added that Microsoft and Verizon have also expressed interest. Today, headlines indicate that Disney is considering a possible bid. Bloomberg reports that Disney is working with an adviser on a potential deal, in what would be the company’s latest investment in a string of tech-related media businesses including Hulu, Vice and MLB’s BAMTech. The Wall Street Journal suggests that “a Twitter acquisition would be Disney’s biggest technology deal yet” and “could benefit ESPN as cord-cutting becomes more widespread.”
Topics: Acquisition, BAMTech, Bob Iger, Broadcast, Cable TV, CNBC, Disney, ESPN, Facebook, Google, Hulu, Jack Dorsey, Maker Studios, Merger, Microsoft, MLB, Salesforce.com, Social Media, Sports, Television, Twitter, Verizon, Vice, Video
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