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An announcement on the outcome is expected as early as this week.
The Twitter board is reportedly considering a poison pill strategy to make it more difficult for Musk to acquire a larger stake in the micro-blogging platform and avoid a hostile takeover.
Musk made an offer to buy 100 per cent of Twitter at $54.20 per share, a 54 per cent premium over the closing price of Twitter on January 28, 2022, the trading day before Musk began investing in the company.
Mercurial billionaire Elon Musk now says he wants to buy Twitter outright, taking it private to restore its commitment to what he terms free speech. But his offer, which seemed to fall flat with investors on Thursday, raises as many questions as it answers.
The billionaire has offered $54.20 per share of Twitter's stock.
The social media platform has warned of more drama with 'distractions ahead'.
An epitome of practicality, one would find it difficult to take eyes off the ID Buzz, which is set for launch next year.
Welcome to Onmanorama's Wacky News hosted by Athira Madhav. Today we talk about honey that tastes bitter and a Congolese man who married 3 sisters. Tune in to listen to some crazy stories from around the world!
The union government has questioned electric car company Tesla's business practices, of seeking tax breaks to use the Indian market to sell its products, but not wanting to set up manufacturing facilities in the country which can generate thousands of jobs.
Liquor policy changes are becoming hot topics even in states like Bihar and Andhra Pradesh, where state elections are years away.