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👍 | Twitter's account of deal shows Musk signing wi…


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Twitter's account of deal shows Musk signing wi…

 
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By Greg Roumeliotis and Tom Hals (Reuters) – Twitter Inc published its account on Tuesday of its deal negotiations with Elon Musk, showing he opted out of asking the questions about the social media company's business he has now cited in declaring the $ 44 billion acquisition is “On hold.” The account, published in Twitter's proxy statement that outlines what shareholders need to know to vote on the deal, paints a picture of Musk in a rush to clinch a deal with his “best and final” offer. Musk negotiated the Twitter deal over the weekend of April 23 and April 24 without carrying out any due dil… → Continue reading

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