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Salesforce Won’t Pursue Bid for Twitter

Salesforce.com Inc. pronounced it won’t pursue a bid for Twitter Inc., worsening questions about a predestine of a social-media company.

Salesforce Chief Executive Marc Benioff had signaled seductiveness in Twitter, job it an “unpolished jewel.” But investors reacted negatively to a idea, promulgation Salesforce shares down roughly 6% on Oct. 5.

Article source: http://www.wsj.com/articles/salesforce-won-t-pursue-bid-for-twitter-1476468050

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