It sure looks like Elon Musk’s $44 billion Twitter takeover is actually happening.
The intention of the Company is to close the transaction at $54.20 per share,” the company added.
However, given Musk’s chaotic nature, it’s possible that another wrench could be thrown into the works.
While the tipster was anonymous, it certainly seems possible that the email was sent by former Twitter head of security Peiter “Mudge” Zatko, who denied reaching out to Musk prior to going public with his whistleblower complaint in August.Late Tuesday, Musk tweeted that buying Twitter would provide an “accelerant” to a different project altogether, “X, the everything app.”
Billionaire Elon Musk is proposing to proceed with his original $44 billion bid to take Twitter Inc (TWTR.N) private, security filings showed on Tuesday, calling for an end to a lawsuit by the social media company that could have forced him to pay up, whether he wanted to or not.
An agreement would put the world’s richest person in charge of one of the most influential media platforms and end months of litigation that damaged Twitter’s brand and fed Musk’s reputation for erratic behavior.
Musk, the chief executive of electric car maker Tesla Inc (TSLA.O), will take over a company he originally committed to buying in April, but soon soured on.