⚡ Update 9:00 a.m.:
Reuters is now reporting that Twitter is set to accept Musk's offer!
NEW YORK, April 25 (Reuters) - Twitter Inc (TWTR.N) is poised to agree [with] a sale to Elon Musk for around $43 billion in cash, the price the chief executive of Tesla Inc (TSLA.O) has called his "best and final" offer for the social media company, people familiar with the matter said.
Twitter may announce the $54.20-per-share deal later on Monday once its board has met to recommend the transaction to Twitter shareholders, the sources said. It is always possible that the deal collapses at the last minute, the sources added.
Stay with Not the Bee for the latest on this developing situation.
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Original article:
From Bloomberg:
This news follows a Wall Street Journal report from last night about a sudden change of heart on the part of the social media company after initially rebuffing Elon's offer:
Yeah. It's happening dot gif.
Buckle up.
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