stimulus from the monetary authorities and that has helped sentiment in europe and european equities are trading well this morning but as i said, it would take a lot to turn things around for the week. and let s turn to a story of spirit airlines. their board is currently urging shareds to reject the takeover bid citing regulatory hurdles. tell us about that. so we finally heard from spirit and to put this in context we talked monday about the jet blue hostile takeover bid for spirit and came out offering $30 a share for the airline and encouraged spirit airlines to vote against the proposed deal with frontier. a meeting june 10th. jet blue says spirit shareholders don t support this deal. you should support our takeover attempt. so what did spirit s board finally say? yesterday, they issued a statement saying it determined it is not in the best interest of spirit and the stockholders to go with jet blue s offer. spirit and jet blue proposals,
quote, the good news is i m feeling much better and i m well on the way to a full recovery. we wish and his family well. coming up we re leave with cnbc for a look at what is driving the trading day on wall street. plus, jet blue plans to launch a hostile takeover attempt for spirit airlines as we look the as the sun starts to rise in washington, d.c. way too early will be right back. here s candice. who works from home, and then works from home. but she can handle pickup,
The Tesla CEO, who is also the world’s wealthiest person, has said he wanted to buy and privatize Twitter because he thinks it’s not living up to its potential as
on elon musk s takeover attempt of twitter, the wall street journal reporting just moments ago that twitter is reexamining musk s bid and maybe more receptive to a deal. the journal says the two sides are meeting today, joining me right now is nbc news technology reporter jacob ward, jacob welcome to you. let s start with this report that the both sides are meeting, twitter could be more receptive now. give me your reaction to all of this, and when you think might ve changed to bring him to this point? well, alex, it s been a crazy couple of weeks in the world of tack when you have one of the largest, richest people in the world decides to throw its weight around makes it interesting in purchasing twitter. turns out it puts everybody in a complicated position. so, the annual meeting for twitter begins tomorrow and that is probably why they are all together today according to this report from the wall street journal taking a new look at this bit as you know you have must put in a bit