Report: Salesforce CEO Says Will Not bid for Twitter

Mergers and Acquisitions Reuters Inc's Chief Executive Marc Benioff has ruled out bidding for Twitter Inc , adding that it was not the "right fit", the Financial Times reported on Friday.

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"In this case we've walked away. It wasn't the right fit for us," Benioff told FT in an interview.

Twitter's shares fell 5.2 percent to $16.88, while those of Salesforce rose 4.8 percent to $74.

Twitter and Salesforce could not be immediately reached for comment. (Reporting by Rishika Sadam in Bengaluru)

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