Twitter says it will ‘carefully review’ Elon Musk’s offer to buy entire social media network after he launched $41B hostile takeover bid to take the company private and ‘unlock its extraordinary potential’

Elon Musk has offered to buy Twitter in a $41.39 billion all-cash deal that would take the company private, telling the board chairman in an offer letter: ‘Twitter has extraordinary potential. I will unlock it.’  Musk insisted that his bid was his ‘best and final offer’, adding that ‘if it is not accepted, I would need to reconsider my position as a shareholder,’ a regulatory filing on Thursday morning showed.  His offer price of $54.20 per share represents a 38 percent premium to the closing price of Twitter’s stock on April 1, the last trading day before the Tesla CEO publicly revealed his 9.2 percent stake in the company, sending the stock popping. 

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Hope this goes through and also hope that Truth Social comes fully online. Having two good free-speech social media sites will do wonders for this country and the world. ABN

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