Musk's$54.20 per shareoffer for Twitter amounts to a 40% premium on the company's value before the billionaire disclosed on April 4 that he had taken aroughly 9% stake. Since the deal was announced, Twitter has lost 20% of its value, with the company's stock price sliding to $38. ...
In a 13D regulatory filing, the Tesla CEO made a "best and final" offer of $54.20 per share in cash for the social media giant (that represents a 54 percent premium over the closing price on January 28, which is the day before Musk started investing in Twitter).Musk said that if his...
Tesla CEO Elon Musk said on Twitter Thursday that it would be “utterly indefensible” for his offer to buy Twitter not to be put up to vote.
Billionaire and Tesla CEO Elon Musk has changed his mind about buying Twitter at the original price of USD$44 billion, according to a letter to the firm.
Twitter said it plans to sue Musk over his nixing of the deal and hold him to his $54.20-per-share deal price. “The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement...
Elon Musk offered around $44 billion to take over Twitter and according toreports, Twitter accepted the offer today. Twitter announced the $54.20-per-share deal after a meeting with its shareholders. According to Elon Musk, he has always been an advocate of free speech and that’s the reason...
Tesla CEO Elon Musk is offering to buy 100 percent of the company in an updated 13D filing. He’s offering $54.20 per share in cash.
Twitter chief Elon Musk today said that the cost of the Twitter Blue subscription is going to be priced at $8 per month, which would be an increase of $3 over the current $4.99 per month price. Twitter Blue will include priority in replies, mentions, and search, which Musk says is "...
Elon Musk is exploring whether to commence a tender offer to acquire all outstanding shares of Twitter's common stock, citing the board's lack of response to his $54.20 per share offer to take the social media giant private.
SAN FRANCISCO, April 25, 2022 /PRNewswire/ -- Twitter, Inc. (NYSE: TWTR) today announced that it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon Musk, for $54.20 per share in cash in a transaction valued at approximately $44 billion. Upon ...