Twitter Sale “Inevitable” if Company Continues to Struggle

Twitter CEO Jack Dorsey has been trying to get the struggling tech firm back on track this year, but apparently the clock is ticking. If the company doesn’t attract more users and hit Wall Street’s expectations, a sale appears “inevitable” next year, one analyst wrote in a note on Tuesday. “We want to underscore that we do not think the company is up for sale in the near term,” wrote Bob Peck, an analyst at SunTrust Robinson Humphrey. “However, we believe that if current trends persist, Twitter would be a top candidate in 2017.” Google, Facebook, Apple and traditional media companies are the most likely buyers, he wrote.

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