Twitter poised to accept Musk’s $43B purchase offer
Reuters had earlier reported that Twitter may announce the $54.20-per-share deal later on Monday once its board has met to recommend the transaction to Twitter shareholders
By Yashasvini Razdan
Published - Apr 25, 2022, 05:55 PM ET
Last Updated - Feb 23, 2024, 08:01 AM EST
• The deal has reportedly reached the final leg of negotiations
• The outcome could be announced by Monday itself
Elon Musk’s venture to secure the ownership of Twitter Inc. (NYSE: TWTR) is nearing completion as the company is poised to agree on a sale to the Tesla CEO for around $43 billion in cash.
Reuters had earlier reported that Twitter may announce the $54.20-per-share deal later on Monday once its board has met to recommend the transaction to Twitter shareholders.
