Shares in Twitter fell more than 14% on Monday following reports that all of its rumoured potential bidders have lost interest in buying the struggling social media company. The shares, which spiked last month following speculation of a takeover by companies including Google, fell $2.82, or 14%, to $17.03 in early trading after Bloomberg reported that Twitter was unlikely to receive any takeover bids. How would Salesforce, Google and Disney benefit from buying Twitter? Twitter’s stock market decline brings the company’s share price back below the level it was trading at before the takeover speculation was first reported on 23 September. The company is reported to have hoped to conclude a sale before it reported its third quarter results on 27 October.

Source: The Guardian October 10, 2016 15:47 UTC