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Twitter set to accept Elon Musk's 'best and final' offer

Shortpedia

Content Team
Image Credit: Twitter

Twitter Inc is nearing a deal to sell itself to Elon Musk for $54.20 per share in cash, the price that he originally offered to the social media company and called his `best and final`, people familiar with the matter said. Twitter may announce the $43 billion deal later on Monday once its board has met to recommend the transaction to Twitter shareholders, the sources said.