Category: Twitter shares

Twitter Shareholders Face Tough Choice After Elon Musk’s Takeover Bid

April 14, 2022
Business & EconomyCompaniesElon MuskMedia & Big TechSocial MediaTechTwitter shareholdersTwitter shares
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Tesla and SpaceX CEO Elon Musk made a bid on Thursday to take Twitter private for $54.20 per share, or around $43 billion in cash, after rejecting a proposal of a board seat. Musk’s offer, which is 18 percent higher than the last closing price, is under consideration, the board said. Adam Candeub, law professor…

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Twitter Shares Fall After Musk’s Board Membership Reversal

April 11, 2022
Business & EconomyCompanieseconomyElon MuskInvestmentMedia & Big TechSocial MediaTechTech NewsTwitter sharesUSUS News
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Twitter shares fell nearly 4 percent in pre-market trading on April 11 after a surprise announcement by the company’s CEO that Elon Musk would not, in fact, become a member of the social media giant’s board of directors. “Elon has decided not to join our board,” Twitter CEO Parag Agrawal announced in a tweet late…

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