Monday, April 25, 2022

Twitter Shares Rise as Reports Say Elon Musk Deal Close

BBC: Twitter's shares rose by about 4% in opening trade in New York on speculation the firm could agree a takeover deal with Elon Musk as early as Monday.

The board of the social media giant is reported to have met with Mr Musk over the weekend to discuss his $43bn offer.

Twitter had initially rebuffed the billionaire's approach.

But according to reports, Twitter is now in the final stages of negotiations with Mr Musk to buy the business.

Reuters, the news agency, reported that an announcement may come later on Monday after Twitter's board met and recommended a deal to its shareholders.

Shares rose almost 4% to $50.62 on the reports, but remained below Mr Musk's offer price of $54.20 a share. » | BBC | Monday, April 25, 2022

Twitter n’a pas besoin d’Elon Musk : En tentant de prendre le contrôle du réseau social, le patron de Tesla, libertarien assumé, veut en faire un espace de libre expression absolue, sans modération. Le risque est grand d’ouvrir ainsi la porte aux menaces, au harcèlement, aux propagandes en tout genre et au complotisme. »

Twitter Set to Accept Elon Musk Takeover Offer, According to Reuters »