Twitter is agree a sale with Elon Musk for around $43 billion in cash, he calls the price his “best and final” offer. It will announce later on Monday once Twitter board has met recommend this transaction amongst shareholders but there are still risks that it could collapse at any moment!
The world’s wealthiest person Elon Musk is negotiating to buy Twitter in a personal capacity, but it looks like he won’t be able get his hands on the company without some help. Musk has been trying hard for this “go-shop” provision which would allow him time and space beyond today’s agreement so that other bids can come into play once they agree upon by both parties – however no such luck so far. There are still hopes, if Tickwriter wants to pay up front simply because there was another offer during negotiations (a break fee), then we’ve got exactly what you need here.
Musk’s Twitter
Twitter needs to become more like a blog where people are free and open with their thoughts. The company should take this into consideration when they review their policies. As well as how it handles users who post controversial content or engage in harassment campaigns against other account holders.
If Twitter wants an entrusted partner, we can help them create something amazing. But only if there’s room for creativity without restrictions.
The CEO of Twitter has come out in support for cryptocurrencies and suggested adding dogecoin as a payment platform. He believes that current leadership at the company is not capable enough to get stock prices up themselves. But stopped short from saying it needs replacing with new leaders who will serve this societal imperative properly.
The deal to acquire Twitter could finally be happening. After months of negotiation, Elon Musk revealed his plan for investing $25 billion in order make this happen. Many shareholders are now asking that he keep up with what was agreed upon before sending them documents. Detailing all aspects regarding the proposed acquisition – including how much money will come from whom!
As recently as November, Twitter’s stock was trading higher than Musk’s bid price. But the social media company admitted that Agrawal is not making enough traction and needs help in order to meet ambitious financial goals set for 2023. Which means they will be missed if he doesn’t get support soon!
When it comes to negotiations, Musk likes to keep things simple. His tactics are reminiscent of another famous billionaire who also favors one offer and sticking with it – Warren Buffett! When announcing his plan for Twitter in early September 2017; he didn’t provide any financing details which made many traders skeptical about its prospects (and therefore represents risk).
Finally
However, after just over two weeks had passed by without response from the other side: suddenly there was a bidding war. It underway between certain investors eager not only get their hands on this deal but at what cost? The price quickly rose higher than expected levels. Reaching nearly $25 billion dollars before finally ending peacefully late last week night/early morning hours.
