Made with ♥ by Avi

Elon Musk might take over Twitter after all


Twitter is probably warming up to the idea of selling themselves to Elon Musk as the company is probably re-examining the takeover bid after Musk announced that he had the financial backing to get the deal done.

Elon Musk, serial entrepreneur, at TED2013: The Young, The Wise, The Undiscovered. Wednesday, February 27, 2013, Long Beach, CA. Photo: James Duncan Davidson

When the billionaire announced that he was ready to pay $43 billion to buy the social media giant, saying that it was their best and final offer, Twitter rejected the offer by taking a poison pill strategy to get rid of this takeover attempt.

Probably after post nut clarity, Twitter is back on its senses taking a fresh look at this offer and they are possibly more likely to engage in negotiations. The two sides are meeting on Sunday to discuss this proposal, But many hurdles could complicate the negotiations, as the company executives could insist on Musk agreeing to monetary protection if the deal falls.

Elon Musk might take over Twitter after all

Elon Musk might take over Twitter after all


Twitter is probably warming up to the idea of selling themselves to Elon Musk as the company is probably re-examining the takeover bid after Musk announced that he had the financial backing to get the deal done.

Elon Musk, serial entrepreneur, at TED2013: The Young, The Wise, The Undiscovered. Wednesday, February 27, 2013, Long Beach, CA. Photo: James Duncan Davidson

When the billionaire announced that he was ready to pay $43 billion to buy the social media giant, saying that it was their best and final offer, Twitter rejected the offer by taking a poison pill strategy to get rid of this takeover attempt.

Probably after post nut clarity, Twitter is back on its senses taking a fresh look at this offer and they are possibly more likely to engage in negotiations. The two sides are meeting on Sunday to discuss this proposal, But many hurdles could complicate the negotiations, as the company executives could insist on Musk agreeing to monetary protection if the deal falls.

Enable Optimization for improving page speed on Firefox?

Enabling will throttle your experience throughout the site, you will have reduced animations, no transparency effects, potentially reduced visual harmony. Learn why

You won't be prompted again, but you can change your settings by clicking on the bottom left icon.

We use cookies 🍪 & trackers for analytics & performance. By browsing, you accept our Privacy Policy - Learn more. Exit to opt-out