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Musk Offer To Buy Twitter. Tesla CEO Elon Musk is making his best and final offer to buy 100 percent of Twitter in an updated 13D filed Thursday with the SEC. Mr Musk in a regulatory filing says there is a need to transform Twitter as a private company.
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Twitter then extended an offer to Musk to join the board but on the condition that Musk couldnt buy more than 149 of the firm. TED Conferences LLCAFP via Getty Images Twitters board has yet to make a. The delay allowed Musk to buy more shares of Twitter at a lower price and cheat sellers of Twitter stock out of increased profits the plaintiff claims.
Elon Musk appears to be determined to buy Twitter.
Musk in recent weeks has amassed a more than 9 stake in the company. Elon Musk offers to buy Twitter for 58 billion. Mr Musk in a regulatory filing says there is a need to transform Twitter as a private company. More Twitter shares make it harder to buy Twitter.
