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Twitter is reportedly reconsidering Elon Musk’s bid to buy the social media company after the Tesla CEO confirmed $46.5 billion in financing

Twitter is reportedly reconsidering Elon Musk’s bid to buy the social media company after the Tesla CEO confirmed $46.5 billion in financing

Yichuan Cao/NurPhoto via Getty Images Twitter officials are expected to meet Sunday to re-examine Musk’s offer to buy the company, WSJ reported. The company last week filed a shareholder rights plan or “poison pill” to prevent a hostile takeover by Musk. The Tesla CEO confirmed $46.5 billion in financing from banks and other entities in a regulatory filing earlier this week. Twitter is reportedly reconsidering Elon Musk’s bid to purchase the social platform, The Wall Street Journal… Source link

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