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Tesla CEO acquisition bid: Twitter begins negotiations with Elon Musk - Elon Musk s insistence that his bid for Twitter is his best and final has emerged as a hurdle in the deal negotiations, the sources said.
Elon Musk vs Twitter: As per the latest report from Bloomberg, a source close to the matter revealed Twitter is in the “final stretch of negotiations about a sale to Elon Musk”.
Tesla CEO Elon Musk likely to buy Twitter soon after securing $46.5 billion for bid - It is likely that Tesla CEO Elon Musk will acquire Twitter Inc soon after lining up $46.5 billion in debt and equity financing for the bid.
The "poison pill" move would allow existing Twitter shareholders, except for Musk, to buy additional shares at a lower rate, thereby diluting his stake in the company.