Walt Disney Working on Twitter Bid?

Bloomberg reports that Walt Disney (NYSE:DIS) may possibly be making a bid for Twitter Inc. Salesforce.com Inc. is reportedly also considering a bid, working with Bank of America on the process.
As quoted in the article:

“It’s a video distribution play,” said James Cakmak, an analyst at Monness Crespi Hardt & Co. “What Disney has to think about is what is its place in a post cord-cutting world. They are investing in technology for distribution — and this would give them the platform to reach audiences around the world.”