Twitter sale may take place in October

Twitter sale may take place in October

Twitter sale may take place in October

On Wednesday, a Reuters report revealed that sale of microblogging service Twitter will likely take place this month.

According to the report, based on the information shared by unidentified sources familiar with the Twitter sale proceedings, prospective buyers have been given an October 27, 2016 deadline by Twitter for announcing a sale.

The Reuters sources have also disclosed that the prospective buyers of Twitter include Google's parent company Alphabet, Salesforce, and Walt Disney Co.

The report by Reuters has also suggested that Alphabet's interest in acquiring Twitter will chiefly be rooted in Twitter's social and news capabilities; while Salesforce may want to acquire Twitter for focusing on customer support or extracting data for business intelligence, and Walt Disney may want Twitter for distributing video streaming to an international audience.

However, none of the three supposedly potential buyers of Twitter have confirmed their interest in the acquisition of Twitter. While Alphabet and Walt Disney did not respond to requests for comment, Salesforce said that it does not comment on rumors.