News Desk – Elon Musk intends to take over Twitter as he has offered to buy Twitter for about $41 billion in cash. He has offered this saying, the social media company he has often criticized needs to go private for effective changes.
Thr Tesla CEO Musk has offered $54.20 per share and this was disclosed in Regulatory filling on Thursday that represents 38 percent Premium to Twitter’s share on closing share market on April 1 and its the last trading before 9 percent of the shares made public.
I made an offer https://t.co/VvreuPMeLu
— Elon Musk (@elonmusk) April 14, 2022
Musk has already declined to join Twitter on Board last week after disclosing his shares in the company.Meanwhile, Musk in a letter written to Bret Taylor , Chairman of Twitter, said that Twitter company needs tranformation and it needs to go ahead as a private company.
