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Why Elon Musk Still Isn’t Ready to Wrap Up Twitter Deal

Why Elon Musk Still Isn’t Ready to Wrap Up Twitter Deal

Nearly 40 days have passed since Elon Musk announced that his $44 billion bid to buy Twitter was “temporarily on hold,” and it appears that the two sides are still in a stalemate. During a remote Q&A at Bloomberg’s Qatar Economic Forum on Tuesday, Musk asserted that “there are still a few unresolved matters” in regard to the deal going through, including whether Twitter’s shareholders will approve it. The remark came on the same day that Twitter’s board unanimously recommended shareholders approve Musk’s bid to buy the company in an SEC filing, stating that “the merger agreement is advisable and… Read Full Article