Elon Musk Offers To Buy Twitter For $43 Billion

0
109

Elon Musk Offers To Buy Twitter For $43 Billion
Elon Musk has made an offer to buy Twitter Inc.
It has been reported that the richest man in the world offered to buy Twitter for about $43 billion at $54.20/share in cash.
The 50-year-old tycoon announced the offer in a filing with the US Securities and Exchange Commission on Thursday.
Musk’s offer price of $54.20 per share represents a 38 per cent premium to the closing price of Twitter’s stock on April 1, the last trading day before the Tesla CEO’s over nine per cent investment in the company was publicly announced on April 4.

Contributed by: Sodiq O. Adelakun

-Advertisement-

Read More: CBN fines 3 more Nigerian banks N514 million for facilitating cryptocurrency transactions

We do everything possible to supply quality information for readers day in, day out and we are committed to keep doing this. Your kind donation will help our continuous research efforts.

-Advertisement-
Learn More

LEAVE A REPLY

Please enter your comment!
Please enter your name here