April 25, 2022 10:12 PM

Twitter Inc nearing deal to sell itself to Elon Musk for 54.20 dollars per share in cash

Twitter Inc is nearing a deal to sell itself to Elon Musk for 54.20 dollars per share in cash, the price that he originally offered to the social media company and called his best and final, people familiar with the matter said. Twitter may announce the 43-billion dollar deal later total once its board has met to recommend the transaction to Twitter shareholders, the sources said. It is always possible that the deal collapses at the last minute, the sources added. Twitter has not been able to se...