Twitter sale could happen in October, but it's a muddle

From CNET: Suppose they held a bidding war and nobody came.

That could be the uncomfortable situation for Twitter just days after reports suggested that the social network could be an acquisition target for some of the biggest tech and media companies on the planet.

A looming, self-imposed deadline likely won't help matters. Reuters reported Wednesday that the social network has told potential buyers it wants to wrap up negotiations on a sale by October 27.

If only it were that simple. Though they had taken notice of Twitter's for-sale sign, Apple, Disney and Google parent company Alphabet reportedly now have little to no interest in an acquisition. That apparently leaves only cloud software giant Salesforce as a serious potential suitor.

Wall Street did not like hearing that. On Thursday, Twitter shares tumbled as much as 19 percent.

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