that the social media giant's CEO, Parag Agrawal, told Twitter employees that the company is still evaluating Musk's $43 billion offer and that it is not known in which direction the company will choose to go for now.Twitter CEO Parag Agrawal had a meeting with employees and a 25-minute Q&A session in regards to the recent unfoldings and Elon Musk's offer to purchase the social media giant.
Another question from an employee was what would happen to employee stock options if Twitter was to become a private company, but Agrawal stated it was too early to speculate on the matter. Absolutely. It would be utterly indefensible not to put this offer to a shareholder vote. They own the company, not the board of directors.It is possible that there would be a corporate battle unfolding in the coming days because of what is going on. The thing is, it seems that the offer was somewhat unwanted, and the Twitter board might try to limit Musk from performing a hostile takeover of the company.