Elon Musk offers to buy Twitter for USD 41 billion

Updated:4 years, 2 months ago

New Delhi, Apr 14 (ANI): Billionaire and Tesla CEO Elon Musk on April 14 offered a “best and final” bid to purchase 100 per cent of microblogging site Twitter for USD 41.39 billion with USD 54.20 per share in cash.The world's richest man made the offer in an updated 13D filing on Thursday and follows an announcement by Twitter that Musk will not be joining the company's board of directors. The Tesla chief executive’s offer price of USD 54.20 per share was 38 per cent higher than the closing price of Twitter's stock on April 1, the last trading day before his investment of 9.2 per cent in the company was publicly announced, reported Sky News.

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Elon Musk offers to buy Twitter for USD 41 billion

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