After Betaville yesterday reported that Disney (DIS) is close to an acquisition of Twitter (TWTR), Brean Capital analyst Alan Gould reiterated his belief that a deal is unlikely. A Disney acquisition of Twitter at an estimated $18B valuation does not make sense and is not consistent with its historic M&A strategy, Gould tells investors in a research note. The analyst points out that Twitter has stagnant user growth and that its year-over-year advertising revenue growth has steadily decelerated from 60% four quarters ago to an estimated 3% this quarter. Gould is also not sure how Disney adds value to Twitter. In pre-market trading, Twitter shares are up 3% to $17.80.
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