IT House News on April 25, according to Reuters, social media company Twitter will accept Tesla, SpaceX CEO Elon Musk (Elon Musk), people familiar with the matter saidOffered at US$54.20 (about 353.93 yuan) per shareas the company’s selling price.
This was Musk’s original offer to Twitter, which he called the “highest and best” price. On April 14, an updated 13D filing showed that Musk offered to buy Twitter for $54.20 per share in cash.
The source said,Twitter could announce the $43 billion deal later on Monday, at which point its board will recommend the deal to Twitter shareholders. However, the source added that there is always a chance that a deal will fail at the last minute.
The source pointed out that Twitter has not yet been able to obtain an “ask for price” clause in its agreement with Musk, whichAllows Twitter to invite potential acquirers to make other offers after deal is signed. Still, Twitter will be allowed to accept the other party’s offer, as long as it pays Musk a breakup fee.
IT House learned that neither Twitter nor Musk immediately responded to requests for comment.
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