Close Menu
    Facebook X (Twitter) Instagram
    360vibez Tuesday, July 1
    • Home
    • About Us
    • Contact Us
    • Privacy Policy
    • Advertise with us
    Facebook X (Twitter) Instagram
    • HOME
    • ARTICLES
    • MUSIC
      • Audio
      • Fresh Acts
      • Gospel
      • Lyrics
      • Mixtapes
    • ENTERTAINMENT
      • Events
      • Fashion Trends
      • Tourism
    • VIDEOS
    • NEWS
      • Education
      • Foreign
      • General News
      • Health
      • Opinion Poll
      • Politics
      • Technology
    • SPORTS
      • Fitness
      • Football
      • golf
      • Handball
      • Racing
      • rugby
      • Swimming
    360vibez
    NEWS

    Twitter set to accept Elon Musk’s $43 billion offer for the social networking company

    simpleBy simpleApril 25, 2022No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email Copy Link

    Twitter Inc is reportedly set to sell the company to Elon Musk for around $43 billion in cash, which the chief executive of Tesla Inc has called his “best and final” offer for the social media company.

    Twitter may announce the $54.20-per-share deal later on Monday, April 25, once its board has met to recommend the transaction to Twitter shareholders, the sources told Reuters.

    “It is always possible that the deal collapses at the last minute, the sources added.

    Tesla CEO, Musk, who is the world’s richest person is negotiating to buy Twitter in a personal capacity and his company is not involved in the deal.

    Twitter has not been able to secure so far a ‘go-shop’ provision under its agreement with Musk that would allow it to solicit other bids once the deal is signed, the sources said. Still, Twitter would be allowed to accept an offer from another party by paying Musk a break-up fee, the sources added.

    Twitter shares were up 4.5% in pre-market trading in New York on Monday April 25, at $51.15.

    Musk has said Twitter needs to be made private to grow and become a genuine platform for free speech.

    If successful, the deal would come just four days after Musk unveiled a financing package to back the acquisition.

    Share this:

    • Click to share on Facebook (Opens in new window)
    • Click to share on X (Opens in new window)
    Share. Facebook Twitter Pinterest LinkedIn Telegram Email Copy Link
    simple
    • Website
    • Facebook
    • X (Twitter)
    • Instagram

    Digital Marketer, Music, Sport and Entertainment Lover

    Read Also

    Kwara’s Future Looks Bright: Industrial Park Set to Put State on the Global Map

    June 18, 2025

    2nd Year Anniversary: Hon. AbdulAzeez Ayodele Congratulates Hon. Medinat and Hon. Ayanshola

    June 18, 2025

    Sardauna Ngeri Youth Forum (Moro Chapter) Celebrates Democracy Day, Urges Nigerians to Strive for a Better Nation

    June 12, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    • Home
    • About Us
    • Contact Us
    • Privacy Policy
    • Advertise with us
    © 2025 360Vibez.

    Type above and press Enter to search. Press Esc to cancel.