Twitter Nears a Deal to Sell Itself to Elon Musk - The New York Times


4/25/2022 12:00:00 AM3 yearsago
by Lauren Hirsch, Mike Isaac, Kate Conger

The company’s 11-member board met with Mr. Musk to discuss his offer to buy the social networking service and take it private. An agreement could come as soon as Monday.

Mr. Musks offer for Twitter is a 54 percent premium over the share price the day before he began investing in the company in late January. But Twitters shares traded higher than Mr. Musks bid for muc… [+1978 chars]

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