Dogecoin promoter elonmusk is inching closer to acquiring Twitter
may be on track to ink a deal with social media giant Twitter as early as this week, according to a Monday report by The Wall Street Journal. , Musk stirred controversy earlier this month after announcing his bid to take Twitter private for $43 billion. Prior to that, he bought more than a 9% stake in the influential social media platform.
Initial media reports said that Twitter’s board of directors had passed on the offer. The company also adopted the so-called “poison pill” by diluting the value of the stock in order to prevent the takeover.However, the company has reportedly decided to give the deal another go due to shareholder pressure.
Twitter is expected to confirm its stance before announcing its first-quarter earnings on Thursday. Some of the company’s shareholders rallied behind Musk after meeting with the centibillionaire on Friday. The massive deal could still fall through. According to the report, some differences have to be ironed out before the acquisition is finalized.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Elon Musk Believes These Two Things Will Make Dogecoin More UsefulICYMI: here's what will make Dogecoin more useful, according to Elon Musk DOGE $DOGE DOGEArmy
Baca lebih lajut »
Twitter is reportedly re-examining Elon Musk’s $43 billion takeover bid | EngadgetTwitter is reportedly re-examining Elon Musk’s $43 billion takeover bid
Baca lebih lajut »
Elon Musk registers three 'X Holdings' companies to support Twitter takeover bidElon Musk has registered three companies in Delaware under the name ‘X Holdings’ to support his bid to buy Twitter and take the social media giant private.
Baca lebih lajut »
Twitter Meeting with Elon Musk to Discuss $43 Billion Buy-Out ProposalElon Musk may, in fact, become the new owner of Twitter ... because they're meeting with him to discuss his $43 billion buyout offer.
Baca lebih lajut »
WSJ News Exclusive | Twitter Re-Examines Elon Musk’s Bid, May Be More Receptive to a DealTwitter is re-examining Elon Musk’s $43 billion takeover bid after he lined up financing, a sign the company may be more open to a deal, people familiar say
Baca lebih lajut »