Reports: Disney Interested in Buying Twitter

CBS News Business Reporter Jason Brooks

(CBS) – Could the mouse end up catching the bird?

Disney is now considered by some to be a leading candidate to buy Twitter.

An analyst with Monness Crespi Hardt says Disney is the most likely buyer, thanks in part to Twitter CEO and St. Louis native Jack Dorsey sitting on Disney’s board, and that Disney could use Twitter’s distribution abilities.

The equity research and trading company says Microsoft is not likely to buy Twitter due to its purchase of LinkedIn, while saying that Salesforce lacks a direct reason to buy Twitter, and that Google could face anti-trust issues if it were to make a deal for Twitter.

Talk of Twitter’s sale has been simmering for months now.

(TM and Copyright 2016 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2016 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

Follow us on Twitter | Like us on Facebook


Leave a Reply

Fill in your details below or click an icon to log in:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS St. Louis

Live Inspired
KMOX Podcasts

Listen Live