Rumors of Twitter being acquired by another company have been going on for months, and the micro-blogging site's investors appear to embrace the prospect. With rumors of an acquisition by firms like Disney and Google, Twitter's stocks have recently soared, raising the company's market value to $16 billion.

While Twitter CEO Jack Dorsey has refused to comment on whether his brainchild service is indeed pursuing a sale, speculations are high that the popular platform would receive offers from possible buyers soon, reports Bloomberg News.

One of the buyers that have been rumored to be in talks with Twitter is the Walt Disney Co., whose entertainment and sports businesses such as ESPN and ABC have been hit hard by the decline of cable TV. According to analysts, brazen Disney CEO Bob Iger is looking at Twitter to bolster the firm's struggling businesses.

If any, history seems to prove that a Twitter acquisition by Disney is plausible. After all, through his tenure as the man at the helm of Walt Disney Co., Iger has made a name for himself as a risk-taker whose gambits usually pay off, such as his $7.4 billion acquisition of Pixar Studios 10 years ago. Iger initiated the Pixar sale just six months after he rose as CEO.

Twitter's value to Disney is undeniable. Thus, with the micro-blogging platform under its belt, Disney could boost its businesses even further.

That is, of course, unless other interested buyers get to Twitter first.

Speculations are also high that tech juggernaut Google is looking to purchase Twitter, according to Reuters. Unlike Disney, Google is said to be pursuing the platform as a means to further its online advertisement initiatives. Twitter would also give Google a massive boost in its social media efforts, considering that the search giant's social media efforts, such as Google+, have been largely unsuccessful as of late.

Tags: Twitter For Sale Google Disney