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Elon Musk and Twitter in ‘final stretch of negotiations’ | Business Post

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Elon Musk and Twitter in ‘final stretch of negotiations’

Discussions between Elon Musk and Twitter’s board about a takeover at $54.20 per share continued overnight. Picture: Getty

Twitter is in the final stretch of negotiations about a $43 billion sale to Elon Musk that could rank as one of the biggest-ever leveraged buyouts of a listed company, sources with knowledge of the matter said. The social media company is working to hammer out terms of a transaction and could reach an agreement later today if negotiations go smoothly, according to sources. Musk is lining up partners for the acquisition and continues to speak...

 

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