Twitters is poised to agree a sale to Elon Musk for around $43 billion in cash, the price the chief executive of Tesla Inc has called his “best and final” offer for the social media company, people familiar with the matter said. (Reuters)
Twitter Inc. was re-examining Elon Musk’s $43 billion takeover offer over the weekend after the billionaire lined up financing for the bid, in a sign the social-media company could be more receptive to a deal. (WSJ)
The meeting came days after Musk revealed his financing plan for the unsolicited bid, which includes backing from Morgan Stanley and other financial institutions. Twitter is generally more open to discussing a deal than it had previously been, a person said, asking not to be identified discussing private information. (Bloomberg)