UPDATE: The Deal was Inked -Musk Owns Twitter Breaking: Musk and Twitter Purportedly Reach Deal – IOTW Report

UPDATE: The Deal was Inked -Musk Owns Twitter Breaking: Musk and Twitter Purportedly Reach Deal

WSJ-

Twitter Inc. is in advanced discussions to sell itself to Elon Musk and could finalize a deal Monday, people familiar with the matter said, a dramatic turn of events just 11 days after the billionaire unveiled his $43 billion bid for the social-media company.

The two sides worked through the night to hash out a deal that would be valued at $54.20 a share, or $44 billion, the people said. Assuming there isn’t a last-minute snag, the deal is expected to be announced after the market closes Monday, if not sooner.

Bloomberg-

Reports have suggested that Twitter will accept Elon Musk’s $43 billion buyout offer later today.

According to Bloomberg, sources say that the social media company is in “the final stretch of negotiations” with Musk for a $43 billion sale. Twitter is apparently finalizing terms for the transaction, and that could be completed today should everything “go smoothly.”

24 Comments on UPDATE: The Deal was Inked -Musk Owns Twitter Breaking: Musk and Twitter Purportedly Reach Deal

  1. Scott Pressler wins the internet for the whole week with this tweet:

    Democrats haven’t been this mad about an African fighting for freedom since they started the KKK.

    33
  2. Comcast/XFinity crapped out here at my sister’s house about a half hour or 45 minutes ago (cell service is OK). My wife just called from our house about 5 miles from here to report the same outage.

    I wonder if there’s any connection between reeeeeeeely pissed off Twitter users/employees and a wide-spread internet and cable tv outage?

    2
  3. I wouldn’t have paid $7 for it.

    Hopefully he turn many un-American nerds out on the street so that can feel Shitpant’s $6/gal gas bite them in the ass as they seek employment.

    Or better yet, they can only get $15/hr jobs at a distribution center that won’t support them living in Californiastan

    4
  4. I hope Musk fires every one of the 77-total-shares-owned members of the board of directors. With a lead brick parachute (vs a “golden parachute”)
    And then starts laying off all those phony baloney “fact checkers”.
    “Here’s your final check, what’s your hurry?”
    Ahhhh, sweet schadenfreude indeed.

    7
  5. Isn’t POTUS Trump working on an America First equivalent to Twitter? I thought someone was. Wouldn’t that be a hoot?

    Twitter (apparently worth $44B today; worthless in a couple of months). 2022’s MySpace.

    2
  6. When I kill English ivy I spray it with Roundup and it doesn’t kill it, but it makes it really sick. Then I come back a week later and hit it again while it is down and that gives it the coup de gras.

    If I were advising Elon Musk what I would recommend he do next is come back next Monday and name Donald Trump to the Twitter Board and finish the bastards off.

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