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Exclusive Twitter set to accept Musk's
$43 bln offer - sources

Original Article

Posted By: Dreadnought, 4/25/2022 8:38:22 AM

New York - Twitter Inc (TWTR.N) is poised to agree a sale to Elon Musk for around $43 billion in cash, the price the chief executive of Tesla Inc (TSLA.O) has called his "best and final" offer for the social media company, people familiar with the matter said. Twitter may announce the $54.20-per-share deal later on Monday once its board has met to recommend the transaction to Twitter shareholders, the sources said. It is always possible that the deal collapses at the last minute, the sources added. Musk, the world's richest person according to a tally by Forbes, is negotiating to buy Twitter in a personal capacity

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Reply 1 - Posted by: RobertJ984 4/25/2022 8:45:43 AM (No. 1137523)
Today Twitter....Tomorrow Facebook
13 people like this.

Reply 2 - Posted by: Dreadnought 4/25/2022 8:54:47 AM (No. 1137531)
$5(4.20) - Musk humor.
4 people like this.

Reply 3 - Posted by: Rabidrabbit1 4/25/2022 8:55:58 AM (No. 1137533)
Like someone on Facebook said, “now maybe he will buy the New York Times, and convert it into a newspaper. “
18 people like this.

Reply 4 - Posted by: konocti95 4/25/2022 9:39:39 AM (No. 1137583)
What's to keep all the lefty employees from sabotaging the software and making the company worthless? With the enemy at the gate (or inside) I'm certain there are some desperate strategy sessions going late into the night.
3 people like this.

Reply 5 - Posted by: red1066 4/25/2022 10:00:18 AM (No. 1137600)
I have no skin in this game since I don't own any twitter stock or subscribe to the service however, I'm still curious to see where this goes from here. Currently I see Twitter stock up 4%.
4 people like this.

Reply 6 - Posted by: john56 4/25/2022 11:14:07 AM (No. 1137699)
The board (less Mr. Jack) should profit real well. Let's see. 77 shares times $54.20. Why that's somewhere around $4000! Wow! Of course, that doesn't include the very generous severance packages that will come on top of that. Plus, I'm sure there were a few upset shareholders who were not happu about the board's dithering.'
1 person likes this.

Reply 7 - Posted by: DVC 4/25/2022 1:40:32 PM (No. 1137850)
I've always figured he'd win. This seems even easier than expected. Now - if he gets control, what will he do? I hope he follows through with the free speech stuff.
0 people like this.

Reply 8 - Posted by: Faithfully 4/25/2022 9:47:49 PM (No. 1138245)
Dear Elon, I need a job.
0 people like this.

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