Twitter to accept Elon Musk's $43 billion offer: reports
Twitter is set to accept Elon Musk's offer on selling itself, according to a report by Reuters, New York. The final price is reported to be $54.20 per share, which Musk deemed his "best and final offer".
While no official reports have been made yet, reports claim that the company will officially announce the $43 billion deal by tonight, 25 April. Currently, Twitter board is on talk with other Twitter shareholders regarding accepting the offer.
If no last minute disagreements are made, Twitter may very well be on its way to be bought by the richest man in the world, Elon Musk.
Reports add that Twitter will be unable to solicit bids from other parties interested in buying the company in case the offer is finalised. However, Twitter may still choose to pay Musk a 'break-up fee' and consider offers from other potential buyers, in case the deal doesn't fall through.
Twitter has yet to make an official statement regarding this development.
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