Twitter's board of directors is reportedly on the verge of accepting Elon Musk's offer to buy the company, according to news reports.
"Twitter is poised to agree a sale to Elon Musk for around $43 billion in cash" and "may announce the $54.20-per-share deal later on Monday once its board has met to recommend the transaction to Twitter shareholders," Reuters wrote in a story with the headline, "Twitter set to accept Musk's original $43 billion offer." Reuters cited "people familiar with the matter."
The Wall Street Journal reported that "Twitter is in advanced discussions to sell itself to Elon Musk and could finalize a deal Monday," after "the two sides worked through the night to hash out a deal." Bloomberg similarly wrote that Twitter and Musk are "in the final stretch of negotiations... and could reach an agreement as soon as Monday if negotiations go smoothly."
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Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.