The shares of Twitter Inc. are growing by 4.8% after the announcement of the company's readiness to accept the offer of Elon Musk.
Today, Reuters published an exclusive article in which, citing anonymous sources, it was reported that Twitter is ready to accept Elon Musk's offer to buy the company for $ 43 billion.
The publication reports that the conclusion of the transaction for $ 54.20 per share may be announced later, on Monday, after a meeting of the board of directors. The board is expected to decide to recommend the deal to Twitter shareholders.
Although the publication notes: "The sources added that there is always a chance that the deal will fail at the last minute," the company's shares rose 4.8% to $ 51.98 on the American premarket.
Earlier, it was reported that shareholders' opinions regarding Musk's proposal were divided. The sale was opposed by long-term shareholders who believed that the company's shares could potentially reach a value of $ 60. At the same time, short-term investors supported Musk's proposal, fearing further depreciation of shares, which other technology companies have already faced.
Recall that Elon Musk said that Twitter should become private to grow and become a real platform for freedom of speech, and promised: "If our application on Twitter is successful, we will defeat spambots or die trying!".