Company negotiating with Tesla CEO, say sources, after he wooed investors with details of his $43bn offer
Twitter began negotiations with Elon Musk on Sunday after he wooed shareholders with financing details on his $43bn acquisition offer, people familiar with the matter said.
The company’s decision to engage with Musk, taken earlier on Sunday, did not mean it would accept his $54.20 a share bid, the sources said. It signified, however, that Twitter was exploring whether a sale to Musk was possible on attractive terms.
