Posts

Showing posts with the label twitter stock

Elon Musk Twitter Proposal Reportedly Struggles To Conclude

Image
Elon Musk recently proposed buying social media giant Twitter for its original price of $54.20 per share. The reports were revealed by sources close to Musk. The most recent proposal was made by Musk in a letter sent to Twitter . Even though Twitter didn’t respond to the offer immediately, there was a positive rally displayed by Twitter stock. In one of the most recent updates, according to people familiar with the matter, the deal is at a standstill over debt-financing issues. JUST IN: Elon Musk and Twitter are reportedly struggling to reach a final acquisition agreement. — Watcher.Guru (@WatcherGuru) October 6, 2022 Elon Musk-Twitter deal struggles to reach an agreement The Twitter takeover deal is reportedly struggling to conclude due to an issue with receiving $13 billion in debt financing. Elon Musk’s acquisition of Twitter has sparked widespread interest in the financial and technology worlds. On July 9, Tesla’s CEO announced his deci...