Twitter to conclude sale deliberations this month, sources say
by Reuters from Technology | The Guardian on (#1X47B)
The quick turnaround is the clearest sign yet that CEO Jack Dorsey is pushing to provide clarity to shareholders and employees over the company's future
Twitter has told potential acquirers it is seeking to conclude negotiations about a sale by the time it reports third-quarter earnings on 27 October, according to people familiar with the matter.
The timeline is hugely ambitious in the context of most mergers and acquisitions, given that Twitter began mulling a sale only last month. It is the clearest sign yet that CEO Jack Dorsey is pushing to provide clarity to shareholders and employees over the company's future as quickly as possible.
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