Editor Desk

Oct 14, 20161 min

SALESFORCE CEO SAYS COMPANY WILL NOT BID FOR TWITTER

Salesforce.com Inc's (CRM.N) chief executive, Marc Benioff, said he has ruled out bidding for Twitter Inc (TWTR.N), a decision that appeased Salesforce's investors on Friday and raised questions about Twitter's future."In this case we've walked away. It wasn't the right fit for us," Benioff told the Financial Times in an interview, saying there were many reasons the fit was not right, including price and the culture of the company.A spokeswoman for Salesforce confirmed the comments made to the FT and said the company had nothing further to add. Twitter declined to comment.

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