The businessman, the richest person in the world according to the Forbes list, currently owns 73.1 million shares of Twitter, which is equivalent to 9.1% of the company’s share capital.
Tesla founder and CEO Elon Musk has decided to takeover bid) on Twitter that you value $43.394 million ($39,803 million), according to a statement from the social network to the US Securities and Exchange Commission.
The offer from the employer, who, for a few days now, has also Twitter’s first shareholderIt’s all in cash. Elon Musk has bid $54.20 for each Twitter share, which is a 54% premium from January 28, when Musk started buying Twitter shares, as well as a 38% premium on April 1 when he bought his share of Twitter shares. position in the company.
By taking all the shares in this operation, Twitter would be deleted in the event that the board of directors approves the offer and the shareholders accept it.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
