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After Google, Apple and Disney, Salesforce rules out Twitter bid
New York, Oct 15: In a bad news for Twitter, its last potential buyer Salesforce has decided not to make a bid to buy the struggling micro-blogging website.
Salesforce CEO Marc Benioff told the Financial Times that he has "walked away" from making a bid to buy Twitter.
Earlier, Google, Apple and Walt Disney also decided not to bid for the website. Twitter stocks fell significantly this week after Google and Walt Disney reportedly ruled out to acquire the struggling micro-blogging platform.
Twitter is expected to announce its next quarterly earnings on October 27.
The
acquisition
of
Twitter
--
struggling
to
add
new
users
amid
stalled
growth
--
may
cost
over
$20
billion.
It
currently
has
313
million
monthly
active
users.
IANS
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