Business

Billionaire Elon Musk has offered to buy Twitter for $41.39bn, a regulatory filing showed.

The Tesla CEO’s offer price of $54.20 per share represents a 38% premium to the closing price of Twitter’s stock on 1 April, the last trading day before his investment of over 9% in the company was publicly announced.

It comes just days after he rejected a seat on the social media company’s board.

Articles You May Like

First images captured by new satellite
Danny Dyer returns to Bafta-winning role in Mr Bigstuff – and shares his surprising screensaver
‘He sounded just like my dad’
CEO resigns after viral video at Coldplay concert
Trump and Powell clash over renovation costs at Federal Reserve