Elon Musk’s proposal to acquire the social network was again considered by Twitter management. Publications reported this The Wall Street Journal, The New York Times and CNBC with reference to sources.
At first, Twitter management was skeptical about this idea and even introduced a “poison pill” strategy to prevent the billionaire from buying up all the shares.
Twitter drops from takeover of Elon Musk
But after Musk suggested $46.5 billion for the acquisition of the company and $ 54.2 per share, the management of Twitter still seems to have changed their minds.
Musk’s offer to buy Twitter was interrupted
On April 24, company representatives spent a whole day with Musk to discuss the terms of the agreement. According to insider information, Musk will become the owner of his favorite social network in the coming days. Possibly before the quarterly report scheduled for Thursday, April 28th.
What will be the fate of Twitter in the future and what to expect from the eccentric billionaire owner will become clear in the coming days.