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

Tesla CEO Elon Musk

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

About search

Check Also

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *