Insider: Twitter accepts Musk’s takeover bid

Twitter is expected to accept tech billionaire Elon Musk’s bid soon. The Reuters news agency claims to have learned this from an insider.

According to insiders, Twitter could soon accept Tesla boss Elon Musk’s $43 billion purchase offer. The US short message service is ready to accept the offer of $ 54.20 per share, people familiar with the matter told the Reuters news agency on Monday.

A deal could be announced later today. Both parties had started negotiations on Monday night. According to insiders, some shareholders wanted to get a higher price. Musk had described his offer as his best and last. The shares closed at $48.93 on Friday.