Twitter shares gain on Alphabet bid speculation

Shares in Twitter moved higher after Bloomberg reported on possible buy-out interest from Alphabet.

According to the report, Google is working with financial adviser Lazard to consider a potential bid for Twitter as the social media company continues to explore a sale.

Google is not the only one evaluating the option with Walt Disney and Salesfore.com also considering entering the bidding ring.

Despite this, Google, the largest subsidiary of Alphabet, have long been viewed as a natural fit for the struggling social media firm. The two companies have previously cut deals around advertising and mobile publishing products.

The share price rose 1.95% to $23.48 at 1415 BST on Monday.