Twitter With Elon Musk Engaged In Negotiations, Analyst Says Unless A Second Viewer Shows Musk Will Take Over The Company
Twitter may acquire Elon Musk reports say by the end of the day.To improve Twitter about Elon Musk's plans and ensure freedom of speech is allowed, which includ removing spam software.
Musk also wants to make it clear that he wants to make the account verification process easier
Before Musk however outlined his improvements and plans to secure the $46.5 billion needed for the acquisition, Twitter's board of directors implemented a "toxic pill" plan to avoid a buyout.
Basically Twitter company implemented, in order to mitigate the shareholders' equity plan from the attractiveness of the acquisition. That makes it difficult for Musk to try the measure makes it difficult for Musk to take over the company unless he increases his stake in shareholders. Pill plan and reaction Despite the backlash from a number of people against Musk taking over, Twitter management three reports indicate Considering Musk's offer now.
As reported by Bloomberg, The Wall Street Journal (WSJ) and The New York Times (The New York Times) on the matter, people familiar with the matter say that Twitter's board is now engaged in negotiations with the CEO of Tesla. Twitter's board of directors is reportedly interested in any ongoing regulatory investigations into Musk and his companies and whether any investigations could derail the deal.
The analyst believes Musk will take over, sources say, that unless a second presenter appears, Musk "remains fluid and fast-moving"
Moreover, the Twitter board is concerned about Musk acquiring the opinions of US regulators and bureaucrats who might object. People familiar with the situation said, "Mr. Musk remains fluid and fast-moving," and the New York Times reported that the agreement is not final and there is certainly a chance that it may not work.
Twitter as Company of the Year [This is] the beginning of the end with Musk now likely to be on the path to taking over the company unless a second viewer gets into the mix.
Musk also talked about merging Twitter last week, with dogecoin (DOGE) and that it could be a payment option for Twitter's Blue service. In the red on Monday recording a drop in paper value while most crypto assets were, DOGE has jumped 6.24% in the past 24 hours since news emerged regarding Twitter's involvement with Musk in negotiations.