Elon Musk Twitter Takeover Finally A Done Deal With SEC Filing, What Next?

by Repost Admin October 4, 2022, 10:47 pm 2k Views

The Elon Musk Twitter Takeover could finally come to an end soon with the latest SEC filing over the purchase. Musk’s team mentioned that it intends to proceed to closing of the transaction contemplated by the merger agreement for Twitter. In a latest development, Twitter representatives expressed intention to close the deal. A Twitter spokesperson said the company intends to close the transaction at $54.20 per share.

The Original Offer

Earlier on Tuesday, reports suggested that Elon Musk had sent a proposal for purchasing Twitter at the original offer price. It was reported that Musk proposed to buy Twitter for the original offer price of $54.20 per share. In this regard, Musk made the proposal in a letter to Twitter. The filing also mentioned that there is a stay in the Twitter Vs Musk court case. The in