Elon Musk Offers to Buy Twitter for $41.3B to Take Company Private
Elon Musk, CEO of electric-car maker Tesla (TSLA), offered to buy social media company Twitter (TWTR) for about $41.3 billion in cash.The offer of $54.20 a share is a 38% premium over the price of the stock the day before Musk's investment in the company was made public earlier this month, according to a filing with the U.S. Securities and Exchange Commission.
Musk plans to take the company private in order to "go through the changes that need to be made," he wrote in a text to Twitter Chairman Bret Taylor replicated in the filing.Following Musk's filing, Justin Sun, the founder of the Tron blockchain, tweeted a thread in which he said he would offer $60 a share for the company.
Source
https://t.me/Twitter_Instagram_Tiktok
