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Twitter-Elon Musk news – live: Musk posts cryptic tweet as firm’s shares surge over expected $43bn buyout
Twitter is reportedly prepared to accept Elon Musk’s offer to buy the company for $54.20 per share.
The deal could be reached today if negotiations go smoothly, Bloomberg has reported.
Mr Musk is reportedly discussing with partners to help with the acquisition, as well as co-investors.
It was announced last week that Morgan Stanley and other financial institutions were behind the billionaire.
Twitter’s stock price has jumped three per cent today as a result of the news, but the deal would still be less than Twitter was trading at least year.
