After Elon Musk received his financing for a Twitter takeover last week, the social network would be inclined to reconsider the offer, writes the American business newspaper The Wall Street Journal. The stock rose 3.5 percent on Monday.
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Earlier this week became famous that Elon Musk is financing his takeover bid for the social media company Twitter
has around. This was evident from documents filed with the US stock market watchdog SEC. Musk offered $43 billion for Twitter and has $46 billion in funding ready.
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The American business newspaper The Wall Street Journal reported on Sunday evening that Twitter is “reconsidering” Musk’s offer after he announced its financing. Twitter would be more willing than before to enter into negotiations, according to sources close to the file who could speak to the newspaper.
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Twitter was expected to give its opinion on the first-quarter results it publishes on Thursday, or perhaps earlier. While The Wall Street Journal emphasized that the dossier is evolving rapidly and that such talks are far from certain, Bloomberg and Reuters wrote on Monday that a deal could be finalized “possibly today.”
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“Twitter is in the final stages of negotiating a sale to Musk,” Bloomberg said. “The social media company is working on the terms of a transaction and could reach an agreement as early as Monday if negotiations go smoothly,” sources told the news agency.
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The stock is up 3.5 percent.
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