Deal Between Twitter and Elon Musk to be Reached Soon After Board Meeting Yesterday
Twitter may be nearing a deal to sell to Elon Musk.. The company is expected to finalize a deal as soon as today according to the Wall Street Journal though many of the details are being kept under wraps. Last week, Musk revealed he had lined up $46.5 billion in financing to acquire the company. Twitter’s board met yesterday to evaluate Musk’s offer to buy all the shares of the company he does not currently own for $54.20 a piece. If approved, the deal would put Musk in charge of one of the world’s most influential social media platforms and he has stressed in recent days that his goal is to bolster free speech on the platform and work to unlock it’s extraordinary potential and transform it into a private company.