ElonMusk in hostile takeover bid for Twitter - the controversial entrepreneur makes “best and final offer” of $54.20 is for 100% of the company, which Musk plans to privatise and transform ~
Controversial entrepreneur Elon Musk has made an offer to buy all of Twitter’s shares.
As a 9,2% shareholder – which he disclosed earlier this month – Musk was entitled to a seat on the board, which he rejected this week. It as now emerged, in awith the US Securities and Exchange Commission today, that he wants to buy the whole organisation. “However, since making my investment I now realise the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company.
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