It was reported that Musk has been approaching potential financial partners at the Wall Street to raise fund for acquiring Twitter. In corporate finance, a tender offer is a type of public takeover bid. The tender offer is a public, open offer or invitation (usually announced in a newspaper...
Elon Musk Eyes Acquisition of Twitter Image Source: GETTY IMAGES BEIJING, April 21 (TMTPOST) — Tesla’s CEO Elon Musk has gained a US$46.5 billion financing promise to acquire Twitter, a file submitted by Twitter to the U.S. Securities and Exchange Commission shows. Musk is reportedly cons...
SAN FRANCISCO, April 25 (Xinhua) -- Twitter announced on Monday it has accepted Tesla CEO Elon Musk's offer to acquire the company at 54.20 U.S. dollars a share, valuing the social media platform at 44 billion dollars. "The Twitter Board conducted a thoughtful and comprehensive process to...
Elon Musk has reportedly told bankers funding his $44 billion acquisition of Twitter that he plans to close the deal by Friday. Sources familiar with the matter told Bloomberg that the banks, who are providing $12.5 billion in debt financing, have finished putting together a final credit ag...
Since Elon Musk completed hisacquisitionof Twitter and took the company private on 27 October 2022, there has been widespread speculation as to the platform’s potential fate. Many observers have focused on a purportedexodusof advertisers, while other pundits haveforecastthat users will abandon the ...
Musk repeated his refrain that "free speech" is key to Twitter's future. "I hope that even my worst critics remain on Twitter because that is what free speech means," he tweeted. "Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters...
The arrival of Musk may fuel harmful speech in the days before the election. 1:58 Mike Blake/Reuters, FILEWhat Elon Musk's Twitter acquisition means for the midterm elections Mike Blake/Reuters, FILE ByMax Zahn November 7, 2022, 11:45 PM Elon Musk, who acquired one of the world’s...
The Twitter page of Elon Musk is seen on the screen of a computer in Sausalito, Calif., on Monday, April 25, 2022. Eric Risberg/AP, FILE April 15– Twitter adopts a poison pill provision to prevent the Musk acquisition. A poison pill allows current stockholders to purchase additional s...
On Monday evening, some verified Twitter users began reporting that they couldn't change their screen names. It's unclear to us at this time if the issue these users were experiencing was a bug or a new feature of a platform that was recently purchased by Tesla CEO Elon Musk. ...
The Acquisition of Twitter: The Legal Interplay Between Elon Musk, Shareholders, Employees, and the GovernmentShu-Blankson, FlorenceUniversity of Miami Business Law Review