Twitter, under shareholder pressure, begins deal talks with Musk -sources ...Middle East

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Twitter, under shareholder pressure, begins deal talks with Musk -sources
source : Devdiscourse ( Middle East ) () 69
Twitter Inc kicked off deal negotiations with Elon Musk on Sunday after he wooed many of the social media company's shareholders with financing details on his $43 billion acquisition offer, people familiar with the matter said. The company's decision to engage with Musk, taken earlier on Sunday, does not mean that it will accept his $54.20 per share bid, the sources said. It signifies, however, that Twitter is now exploring whether a sale of the company to Musk is possible on attractive terms, the sources added.

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