Twitter Revises Elon Musk’s Takeover Offer

Twitter management has changed its attitude towards Elon Musk’s takeover offer, The Wall Street Journal, The New York Times and CNBC have reported citing sources.

According to the TV channel, Twitter management may submit a final decision by Thursday, on which day the company will publish financial results for the first quarter.

Newspapers report that the parties met on 24 April. The reason for the revision of the position was allegedly the documents for the SEC on the attraction of financing in the amount of $46.5 billion by the billionaire.

The media claims that on April 25, the company’s board discussed with Musk “additional details, including a schedule for closing the deal.” According to journalists, the decision is not final, and the entrepreneur’s proposal may not be accepted. In this regard, the parties allegedly raised the issue of compensation for expenses – the head of Tesla will pay it if the parties do not agree.