Hedge Fund Manager Lays Out His Simple Case for Why Twitter Will Still Get Sold

(Bloomberg) Since the morning of Sept. 23, shares of social media platform Twitter Inc. have been trading almost solely based on expectations of imminent M&A activity. By early October, reports of multiple interested suitors — including Alphabet Inc., Walt Disney Co., and salesforce.com Inc. — had helped shares of Twitter crack the $25 mark for the first time all year.
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