Musk Unveils Financial Bid for $46 Billion Deal to Purchase Twitter, Through the Board or Directly to Shareholders – IOTW Report

Musk Unveils Financial Bid for $46 Billion Deal to Purchase Twitter, Through the Board or Directly to Shareholders

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There is still doubt if Elon Musk really does want to purchase the Twitter social media platform.  However, Musk himself seems to be putting a lot of his own credibility on the line as he announces the construct of his $46 billion purchase proposal.

It looks like Musk has created a second alternative to the purchase if the Twitter board of directors refuses the original offer.  Within the secondary construct, a tender offer, Musk would be able to bypass the board and go directly to shareholders. more

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