Social Media Giant, Twitter Inc is likely to sell itself to Elon Musk for $54.20 per share in cash, the price that he originally offered to the social media company and called his ‘best and final’, people familiar with the matter said. The social media giant may announce the $43 billion deal later on Monday once its board has met to recommend the transaction to Twitter shareholders, the sources said. It is always possible that the deal collapses at the last minute, the sources added.
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EXCLUSIVE: Twitter is nearing a deal to sell itself to Elon Musk for $54.20 per share in cash, the price that he originally offered to the social media company and called his ‘best and final,’ people familiar with the matter say https://t.co/ZHeaXAICLy$TWTRpic.twitter.com/01a60vpXRX
— Reuters (@Reuters) April 25, 2022
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