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
Twitter shareholders will receive $54.20 per share, which Musk said in a regulatory filing was his ‘best and final’ offer. The purchase price is a 38% premium to Twitter’s closing price prior to Musk disclosing his 9% stake in the company. Twitter’s board has unanimously approved the ...
TwitterandMr Muskwere due to be in court later this month as the social media giant attempted to hold Mr Musk to his original offer, made in April. "This is a clear sign that Musk recognised heading into Delaware Court that the chances of winning versus the Twitter...
Tesla CEOElon Muskoffered to buyTwitter ina deal worth more than $43 billion and take the social media company private. Musk’s best and final offer was to pay $54.20 per share for 100% of Twitter, and said that if his offer was not accepted he’d have to reconsider his position as ...
Elon Musk to Offer $100 Million Prize for 'Best' Carbon Capture Tech More Reuters FILE PHOTO: SpaceX founder and chief engineer Elon Musk speaks at a post-launch news conference to discuss the SpaceX Crew Dragon astronaut capsule in-flight abort test at the Kennedy Space Cen...
On Oct. 4, Elon Musk reversed himself and offered to honor his original proposal to buy Twitter for $44 billion — a deal he had spent the previous several months trying to wriggle out of. He made the latest offer just two weeks before a Twitter lawsuit aimed at forcing Musk to...
Billionaire Elon Musk has once again reversed course in the ongoing Twitter acquisition saga, today sending a letter to Twitter proposing a purchase at the original price, reports Bloomberg. Musk originally offered to buy Twitter for $44 billion in April ($54.20 per share), a deal th...
Tesla CEO Elon Musk is making his “best and final” offer to buy 100 percent of Twitter in an updated 13D filed Thursday with the SEC. He’s offering $54.20 per share in cash. Naturally, Musk had to sneak a “420” into the offer. Musk’s wealth hovers around $260 billion, accord...
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...
Musk is apparently ready to pay full price and buy Twitter after all On October 4th,Bloombergreportedthat Musk sent another offer letter to buy Twitter at the original price: $54.20 a share. That would mean, essentially, that after all this, and without going to trial, Musk is willing to...