Twitter rises 4.3% at the start of Wall Street trading. Indiscretions of an upcoming agreement with Elon Musk for the sale of the company are driving. Tesla instead loses 2.13%.
The board of directors of Twitter initially seemed oriented to reject Musk’s proposal but in recent days his position would have softened following the details released by Tesla’s owner on how to finance the operation. Musk, according to rumors, privately met with some Twitter shareholders last Friday to explain to them the goodness of his proposal and to highlight how Twitter management is not able on its own to push stock prices to the level of its offer. $ 54.20.
Some analysts believe that the Twitter board cannot turn its back on Musk’s offer without presenting an alternative to shareholders and, at the moment, there would be no alternatives in terms of superior offers.
Source: Ansa
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