May 3, 2024

AndronETalksNews

AndronETalksNews

Board unanimously approves Elon Musk’s $44B Twitter takeover bid

New York Post

 

Elon Musk moved one step closer to completing his $44 billion takeover of Twitter on Tuesday when the company’s board of directors unanimously approved his buyout offer, according to an SEC filing.

Shares of Twitter were up by just under 1% in the early morning hours on Tuesday, selling for slightly more than $38 a share – well below the $54.20 per share tender offer from Musk.

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