Musk put forward an offer to purchase Twitter at $54.20 per share earlier this month, a transfer that got here days after he acquired a 9.2% stake within the social media website. A day later, Twitter’s board put in place a so-called poison pill in an effort broadly seen supposed as a method to stymie a possible deal.
The Journal pressured that each the timing of the finalization, in addition to its general prospects, stay unsure. “Twitter is slated to report first-quarter earnings Thursday and had been anticipated to weigh in on the bid then, if not sooner,” the report famous.
