Ilan Musk’s Twitter deal could be signed this week



The Wall Street Journal reported yesterday that Twitter executives and Ilan Musk may agree to sell the social network this week. Tesla’s CEO had previously offered $ 41 billion to buy Twitter.

“The two sides met on Sunday to discuss Mr Musk’s proposal,” the Wall Street Journal reported, citing an unidentified man who apparently monitored the Twitter sale process, according to TheBlock. “They have made progress in this area, but there are still issues that need to be discussed.”

Ilan Musk made a $ 41 billion offer to buy the entire social network in early April (late April), just days after buying a 9.2% stake in Twitter. A day later, however, the board of directors posted a statement on Twitter outlining a plan to prevent the sale of the entire stock of the collection.

The Wall Street Journal stressed in its report that the outcome and timing of the talks were unclear:

Twitter plans to announce its earnings for the first quarter of 2022 on Thursday this week and is expected to consider Ilan Musk’s offer later. Otherwise, the outcome of the negotiations may be known in advance.

The posting of the deal on Twitter with Ilan Musk may be signed this week appeared for the first time in Arzdigital.

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