{"id":437125,"date":"2022-04-25T15:48:13","date_gmt":"2022-04-25T12:48:13","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/twitter-set-to-accept-elon-musks-43-billion-offer-report\/"},"modified":"2022-04-25T15:48:13","modified_gmt":"2022-04-25T12:48:13","slug":"twitter-set-to-accept-elon-musks-43-billion-offer-report","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/twitter-set-to-accept-elon-musks-43-billion-offer-report\/","title":{"rendered":"#Twitter set to accept Elon Musk&#8217;s $43 billion offer: report"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3c66aa99178\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3c66aa99178\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/twitter-set-to-accept-elon-musks-43-billion-offer-report\/#%E2%80%9CTwitter_set_to_accept_Elon_Musks_43_billion_offer_report%E2%80%9D\" >&#8220;Twitter set to accept Elon Musk&#8217;s $43 billion offer: report&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CTwitter_set_to_accept_Elon_Musks_43_billion_offer_report%E2%80%9D\"><\/span>&#8220;Twitter set to accept Elon Musk&#8217;s $43 billion offer: report&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<aside class=\"single__inline-module alignleft\">\n<\/aside>\n<p><a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> is reportedly on the verge of accepting Elon Musk\u2019s $43 billion bid to take the social network private, according to a report.<\/p>\n<p>Twitter may announce it has accepted Musk\u2019s offer later on Monday once its board has met to recommend the transaction to Twitter shareholders, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.reuters.com\/technology\/exclusive-twitter-set-accept-musks-best-final-offer-sources-2022-04-25\/\">sources told Reuters<\/a>. The talks are fluid and the deal could still fall apart, the sources added.<\/p>\n<p>The Monday report by Reuters sent shares of Twitter soaring by more than 5% in premarket trading on Monday.<\/p>\n<p>Twitter was unable to secure a so-called \u201cgo-shop\u201d provision from Musk which would have allowed it to solicit other bids from potential buyers after the deal was signed, according to the report.<\/p>\n<p>Still, Twitter would be allowed to accept an offer from another party by paying Musk a break-up fee, the sources added.<\/p>\n<p>The move comes after Musk reportedly met with several shareholders over the weekend and outlined the specifics of his $54.20 per share bid for the social media platform, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/exclusive-twitter-under-shareholder-pressure-seek-deal-with-musk-sources-say-2022-04-24\/\">according to Reuters<\/a>. Musk\u2019s outreach forced the company\u2019s board of directors to seriously consider the Tesla CEO\u2019s $43 billion takeover bid, the report said.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/elon-musk-ted-conferences-1.jpg?w=1024\" alt=\"Twitter is reportedly nearing an agreement with Elon Musk, who is offering to buy the company and take it private.\" class=\"wp-image-22022824\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/elon-musk-ted-conferences-1.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/elon-musk-ted-conferences-1.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/elon-musk-ted-conferences-1.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Twitter is reportedly nearing an agreement with Elon Musk, who is offering to buy the company and take it private.<\/figcaption><figcaption><span class=\"credit\">TED Conferences, LLC\/AFP via Get<\/span><\/figcaption><\/figure>\n<p>Many Twitter shareholders reached out to the company over the weekend after Musk outlined a detailed financing plan for his bid on Thursday and urged it not to let the opportunity for a deal slip away, according to Reuters.<\/p>\n<p>Twitter\u2019s board is concerned that its negotiating position would weaken if they defy their investors in the event Musk presents an attractive tender offer. Musk\u2019s insistence that his bid for Twitter is his \u201cbest and final\u201d has emerged as a hurdle in the deal negotiations, the sources said.<\/p>\n<p>Twitter\u2019s board is reportedly in talks with Musk in order to get more details on his bid and to see whether there is wiggle room to negotiate more favorable terms for the company, according to Reuters.<\/p>\n<p>Twitter has not yet decided if it will explore a sale to put pressure on Musk to raise his bid, sources told Reuters.<\/p>\n<p>Musk has an outstanding offer to buy Twitter and take it private in order to restore its mission of offering a platform for \u201cfree speech.\u201d Initially, Twitter\u2019s board resisted the offer and mounted a \u201cpoison pill\u201d defense designed to dissuade Musk from mounting a hostile takeover bid.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/twitter-logo-san-francisco-headquarters.jpg?w=1024\" alt=\"Twitter shareholders pressured the board to reconsider Musk's offer over the weekend, it was reported.\" class=\"wp-image-22022822\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/twitter-logo-san-francisco-headquarters.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/twitter-logo-san-francisco-headquarters.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/twitter-logo-san-francisco-headquarters.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Twitter shareholders pressured the board to reconsider Musk\u2019s offer over the weekend, it was reported.<\/figcaption><figcaption><span class=\"credit\">REUTERS<\/span><\/figcaption><\/figure>\n<p>Musk has threatened to put forward a tender offer that he could use to enlist the support of shareholders for his bid \u2014 a key factor that prompted the board of directors to seriously consider his offer.<\/p>\n<p>The Wall Street Journal reported earlier on Sunday that Musk and Twitter would meet to discuss the acquisition offer.<\/p>\n<p>The company\u2019s board is reportedly seeking information about ongoing regulatory investigations into Musk, including by the Securities and Exchange Commission. <\/p>\n<p>Investors have accused Musk of costing them billions by tweeting that he had secured funds to take Tesla private at $420 a share. The tweet prompted a class action lawsuit against Musk as well as an ongoing legal battle with the SEC.<\/p>\n<p>The trial is expected to begin in January 2023.<\/p>\n<p>The SEC is also investigating whether Musk violated rules by not disclosing that he had purchased shares of Twitter while amassing his 9.2% stake earlier this month.<\/p>\n<p>Twitter is also looking into whether regulators in any of the major markets it operates would object to Musk owning the company, Reuters is reporting. <\/p>\n<p>Were Twitter to establish that a sale to Musk would be risky, it could ask for a sizeable break-up fee, according to Reuters.<\/p>\n<p><em>With Post Wires<\/em>\n                        <\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/04\/25\/twitter-set-to-accept-elon-musks-43-billion-offer-report\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Twitter set to accept Elon Musk&#8217;s $43 billion offer: report&#8221; Twitter is reportedly on the verge of accepting Elon Musk\u2019s $43 billion bid to take the social network private, according to a report. Twitter may announce it has accepted Musk\u2019s offer later on Monday once its board has met to recommend the transaction to Twitter&#8230;<\/p>\n","protected":false},"author":1,"featured_media":437126,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/elon-musk-twitter-account-logo.jpg?quality=75&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[128444,39394,70584,4976,36402,10401,70360],"class_list":["post-437125","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-4-25-22","tag-elon-musk","tag-mergers-acquisitions","tag-social-media","tag-tesla","tag-twitter","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/437125","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=437125"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/437125\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/437126"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=437125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=437125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=437125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}