BREAKING: Twitter Appears To Make Major Reversal In Potential Elon Musk Buyout Of Company
Twitter reportedly is shifting gears in regard to Elon Musk’s multi-billion dollar offer to buy out the company after he disclosed in a Securities and Exchange Commission (SEC) filing last week that he has the money to back up his offer.
“Twitter had been expected to rebuff the offer, which Mr. Musk made earlier this month without saying how he would pay for it,” The Wall Street Journal reported. “But after he disclosed last week that he now has $46.5 billion in financing, Twitter is taking a fresh look at the offer and is more likely than before to seek to negotiate.”
This is a breaking news story; refresh the page for updates.
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