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Published 2 years ago by zyery with 0 Comments
by zyery
2 years ago

Twitter board meets Musk to discuss bid, reports say

Twitter's board reportedly met Elon Musk over the weekend to explore his $43bn (£33.6bn) takeover offer for the social media platform. After the Tesla boss first revealed his bid, Twitter's management announced a so-called "poison pill" strategy to fend off a potential hostile buyout. Mr Musk plans to finance his bid with the backing of US lender Morgan Stanley and other financial institutions.

Continue Reading https://www.bbc.com

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