Twitter’s board of directors met this Sunday (24) for a dialogue on the proposed acquisition of Elon Musk, a potential indication of negotiations with the CEO of Tesla on the next steps.
A source on the social network said discussions over Musk’s offer had turned serious. indicating that Twitter may be more receptive to a deal. The information was first reported by the Wall Street Journal.
According to sources heard by Reuters, Twitter has already started negotiations on a deal with Musk after he presented details of his $ 43 billion offer to the company’s shareholders.
The company’s decision to engage with Musk does not mean the proposal will be accepted, the sources said. The Tesla CEO has been meeting with key Twitter shareholders for the past few days, seeking support for his offer.
Musk insists his latest proposal via Twitter is his “best and last”, which has come as a stumbling block in the deal negotiations, the sources said. However, the company’s board decided to gather more information about Musk’s ability to complete the deal.
Twitter wants to know more about any active investigations into Tesla’s CEO, including the US Securities and Exchange Commission (SEC), which could pose a risk to the conclusion of the deal.
With information from Reuters
Source: CNN Brasil
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