Deals
Disney Is Working With an Adviser on Potential Twitter Bid
- Salesforce said to be working with Bank of America on bid
- Twitter presentations to prospective buyers said to start soon
Disney Said to Be Working on Potential Twitter Bid
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Walt Disney Co. is working with a financial adviser to evaluate a possible bid for Twitter Inc., according to people familiar with the matter.
After receiving interest in discussing a deal, Twitter has started a process to evaluate a potential sale. Salesforce.com Inc. is also considering a bid and is working with Bank of America on the process, according to other people, who asked not to be named because the matter is private.