{"id":15143,"date":"2022-04-25T18:35:05","date_gmt":"2022-04-25T13:35:05","guid":{"rendered":"https:\/\/dailyrapidnews.com\/eng\/?p=15143"},"modified":"2022-04-25T18:42:47","modified_gmt":"2022-04-25T13:42:47","slug":"elon-musks-arrangement-with-twitter-is-expected-to-be-finalized-soon","status":"publish","type":"post","link":"https:\/\/dailyrapidnews.com\/eng\/2022\/04\/25\/elon-musks-arrangement-with-twitter-is-expected-to-be-finalized-soon\/","title":{"rendered":"Elon Musk’s arrangement with Twitter is expected to be finalized soon."},"content":{"rendered":"\n

According to persons familiar with the situation, Twitter Inc. is nearing a $43 billion sale to Elon Musk, which may be one of the most leveraged buyouts of a publicly traded firm ever.<\/p>\n\n\n\n

According to the people, the social media business is working on hammering out the parameters of a deal and might strike an agreement as soon as Monday if negotiations go smoothly. According to one of the sources, Musk is lining up acquisition partners and continues to contact with potential co-investors.<\/p>\n\n\n\n

The billionaire Tesla Inc. creator and Twitter’s board<\/a> of directors discussed a $54.20 per share buyout overnight into the early hours of Monday, according to the sources. Twitter’s stock soared as much as 6.2 percent in pre-market trading in the United States on Monday, reaching a high of $51.98.<\/p>\n\n\n\n

After the billionaire Tesla Inc. founder announced a funding plan for the unsolicited proposal that involved Morgan Stanley and other institutions, Twitter began to warm up to the idea of a possible deal. The situation is fluid, and talks might drag on or fall apart, according to the sources.<\/p>\n\n\n\n

Twitter and Musk representatives did not immediately reply to calls for comment. According to the Wall Street Journal, the parties could strike an agreement as soon as this week, citing unnamed sources.<\/p>\n","protected":false},"excerpt":{"rendered":"

According to persons familiar with the situation, Twitter Inc. is nearing a $43 billion sale<\/p>\n","protected":false},"author":11,"featured_media":15144,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[216],"tags":[453],"class_list":["post-15143","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international","tag-elon-musks-arrangement"],"yoast_head":"\nElon Musk's arrangement with Twitter is expected to be finalized soon.<\/title>\n<meta name=\"description\" content=\"Twitter Inc. is nearing a $43 billion sale to Elon Musk, which may be one of the most leveraged buyouts of a publicly traded firm ever.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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The South African billionaire bought a passive 9.2 percent investment worth $2.9 billion, according to a\u2026","rel":"","context":"In "World"","img":{"alt_text":"Elon Musk has become the 'biggest stakeholder' in Twitter.","src":"https:\/\/i0.wp.com\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2022\/04\/\u0625\u064a\u0644\u0648\u0646-\u0645\u0627\u0633\u0643.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":14345,"url":"https:\/\/dailyrapidnews.com\/eng\/2022\/04\/11\/elon-musk\/","url_meta":{"origin":15143,"position":2},"title":"Elon Musk will no longer serve on Twitter’s board of directors, according to the company’s CEO","date":"April 11, 2022","format":false,"excerpt":"Elon Musk will no longer be a member of Twitter's board of directors, according to the company's CEO, Parag Agrawal. Mr Musk's appointment was set to take effect on Saturday, after his announcement last week that he had purchased a 9.2% stake in the social media network. Mr Agrawal, on\u2026","rel":"","context":"In "international"","img":{"alt_text":"Elon Musk will now not join Twitter's board, CEO says","src":"https:\/\/i0.wp.com\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2022\/04\/Elon-Musk-will-now-not-join-Twitters-board-CEO-says.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":14412,"url":"https:\/\/dailyrapidnews.com\/eng\/2022\/04\/11\/elon-musk-has-decided-not-to-join-the-board-of-directors-of-twitter\/","url_meta":{"origin":15143,"position":3},"title":"Elon Musk has decided not to join the board of directors of Twitter","date":"April 11, 2022","format":false,"excerpt":"Elon Musk, the CEO of Tesla in New York, who earlier became Twitter's largest individual shareholder, has opted to leave the social media company's board of directors. On Sunday night, Twitter CEO Parag Agrawal posted the news. \"Elon's appointment to the board was set to take effect on April 9,\u2026","rel":"","context":"In "latest"","img":{"alt_text":"Elon Musk has decided not to join the board of directors of Twitter.","src":"https:\/\/i0.wp.com\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2022\/04\/Elon-Musk-has-decided-not-to-join-the-board-of-directors-of-Twitter..jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":16402,"url":"https:\/\/dailyrapidnews.com\/eng\/2022\/05\/13\/elon-musk-placed-the-twitter-acquisition-on-hold\/","url_meta":{"origin":15143,"position":4},"title":"Elon Musk placed the Twitter acquisition on hold.","date":"May 13, 2022","format":false,"excerpt":"Elon Musk has put his $44 billion (\u00a335 billion) proposal to buy Twitter on hold, citing concerns over the amount of bogus or spam accounts on the platform. He stated that he was awaiting facts \"to support [the] calculation that spam\/fake accounts do indeed comprise less than 5% of users.\"\u2026","rel":"","context":"In "trending"","img":{"alt_text":"Elon Musk placed the Twitter","src":"https:\/\/i0.wp.com\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2022\/05\/elon.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":15213,"url":"https:\/\/dailyrapidnews.com\/eng\/2022\/04\/26\/how-will-twitter-evolve-following-elon-musks-purchase\/","url_meta":{"origin":15143,"position":5},"title":"How will Twitter evolve? Following Elon Musk’s purchase,","date":"April 26, 2022","format":false,"excerpt":"Elon Musk has agreed to acquire Twitter in return for a vow to reduce platform limitations, raising questions about what this means for the \"digital town square.\" Human rights groups are afraid that a lack of moderation may result in a rise in hate speech. Many Twitter users are also\u2026","rel":"","context":"In "international"","img":{"alt_text":"Elon Musk's purchase,","src":"https:\/\/i0.wp.com\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2022\/04\/Elon-Musks-purchase.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/posts\/15143","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/comments?post=15143"}],"version-history":[{"count":1,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/posts\/15143\/revisions"}],"predecessor-version":[{"id":15145,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/posts\/15143\/revisions\/15145"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/media\/15144"}],"wp:attachment":[{"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/media?parent=15143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/categories?post=15143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/tags?post=15143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}