Monday, 25 April 2022

Twitter board meets Musk to discuss bid, reports say

Twitter board meets Musk to discuss bid, reports say

Twitter's board reportedly met Elon Musk over the weekend to explore his $43bn (£33.6bn) takeover offer for the social media platform. After the Tesla boss first revealed his bid, Twitter's management announced a so-called "poison pill" strategy to fend off a potential hostile buyout. Mr Musk plans to finance his bid with the backing of US lender Morgan Stanley and other financial institutions.
Read more: https://www.bbc.com/news/business-61212567?source=Snapzu

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