Twitter Inc (TWTR)

[europtiger]

By Tiernan Ray

Shares of Twitter (TWTR) are higher by $1.78, or 3.5%, at $52.62, following “chatter” this morning that the company’s fending off a takeover bid.

Briefing.com notes that the chatter says the company has hired advisors to “fend off a takeover offer.”

Another unnamed source this morning says the chatter references Goldman Sachs (GS) as the advisor. That chatter says there are two companies, unnamed, that have approached Twitter with “serious” interest.

Twitter’s market capitalization is just under $33 billion.

As always, take this kind of unsubstantiated chatter with heavy doses of salt.