Article 1VRKA Twitter shares surge amid rumors Google or Salesforce may place bids

Twitter shares surge amid rumors Google or Salesforce may place bids

by
Rupert Neate in New York
from Technology | The Guardian on (#1VRKA)

Shares in Twitter rose by 21% in early trading after CNBC reported the firm had 'received expressions of interest from several technology or media companies'

Twitter shares surged more than 20% on the New York stock exchange on Friday morning, following reports that the social media company has received takeover approaches from Google, Salesforce and other technology companies.

Shares in Twitter rose by $3.93, or 21%, to $22.56 in early trading after CNBC reported that the Silicon Valley firm had "received expressions of interest from several technology or media companies and may receive a formal bid shortly".

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