Negotiations apparently are on for Tesla CEO Elon Musk to buy Twitter, with The New York Times reporting the two sides are talking.
Twitter’s board and Tesla TSLA CEO Elon Musk negotiated into the early hours of Monday over his bid to buy the social media platform, The New York Times reported.
The Times, citing people with... Twitter’s board and Tesla TSLA CEO Elon Musk negotiated into the early hours of Monday over his bid to buy the social media platform, The New York Times reported. The Times, citing people with knowledge of the situation who it did not identify, said the two sides were discussing details including a timeline and fees if an agreement was signed and then fell apart. The people said the situation was fluid and fast-moving.
On April 14, Musk announced an offer to buy the social media platform for $54.20 per share, or about $43 billion, but did not say at the time how he would finance the acquisition.
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