FINANCE ON MONDAY: Twitter Board is reportedly reconsidering Elon Musk's $46.5 Billion Acquisition Bid

By Michael Ehindero




KEYNOTES

 - Twitter's board allegedly met on Sunday morning to discuss Elon Musk's takeover bid.

- The board is said to be reconsidering Musk's proposal several days after adopting a defensive measure to prevent him from acquiring more of Twitter's stock.

- Musk recently disclosed that he had secured $46.5 billion in financing for his bid.

- Twitter's board is reportedly reconsidering Elon Musk's proposal to buy the social media company, more than a week after adopting a "poison pill" measure to block his takeover bid.


     


According to The New York Times, the board of directors met on Sunday morning to discuss Musk's offer to buy Twitter. The renewed interest comes several days after Musk announced that he had secured $46.5 billion in financing for his bid. 


Earlier this month, the founder of SpaceX and Tesla offered to buy all of Twitter's common stock for $54.20 per share. Musk stated in his letter to Twitter that the social networking site has the potential to be “the platform for free speech around the globe."


However, Twitter enacted a "shareholder rights plan" in response to Musk's "unsolicited, non-binding" bid. This precluded him from acquiring an additional stake in the company. Musk previously bought a 9.2% stake in Twitter worth $2.89 billion, making him the company's largest individual shareholder.

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___________________ ** Dear MEB Viewers, Legacy Posts [Every Post on this Blog before July 7, 2025] is being Unpublished by 24th September, 2025 . If you need to reference any of this Legacy posts, please do so before midnight on the  24th September, 2025 . Legacy posts won't be available anymore after this date. Thank You..... ______________________ T he Charlie Kirk murder suspect , Tyler Robinson , has appeared in court for the first time. Robinson, 22, appeared remotely at the court in Utah he faces seven charges, including aggravated murder and witness tampering Prosecutors are seeking the death penalty. Robinson, who was wearing a vest designed to stop self-harm, did not enter a plea to any of the charges. Utah County Attorney Jeff Gray filed charges Tuesday against the man suspected of killing Charlie Kirk and said he intends to pursue the death penalty.  Tyler Robinson, 22, of Washington, Utah, faces seven criminal charges, includin...
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Charles Kirk was assassinated in Utah on September 10th, 2025 . The major suspect in the shooting has been arrested and is named 22 year old Tyler Robinson a native of Utah where Charles Kirk was assassinated. Who is Tyler Robinson Tyler Robinson , 22, is a Utah native who had been living with his parents "for a long time", authorities said. Robinson was taken into custody on 12 September after a family member recognised him in surveillance images, a development investigators described as pivotal in ending a nationwide manhunt. Timeline Leading to Tyler Robinson's Arrest FBI Surveillance Footage from September 10 -------------------- The FBI offered up to a $100,000 reward moments after Charles Kirk 's assassination for information leading to the arrest of the shooter of right-wing activist, Charlie Kirk . Kirk, 31, was assassinated on Wednesday during an event at Utah Valley University. The offer of a reward comes after the FBI...
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