Twitter is said to be nearing a deal to sell itself to Elon Musk, according to The New York Times and other outlets -- 11 days after the Tesla and SpaceX CEO shocked the industry by offering to buy the company in a deal valuing it at more than $41 billion.
Twitter is said to be nearing a deal to sell itself to Elon Musk, according to The New York Times and other outlets, 11 days after the Tesla and SpaceX CEO shocked the industry by offering to buy the company in a deal valuing it at more than $41 billion.
A deal could be finalized as soon as Monday, according to the Wall Street Journal. Twitter declined to comment on the reports.Reports that a deal is imminent come after Musk revealed last week he had lined up $46.5 billion in financing to acquire the company. Twitter's board met Sunday to evaluate Musk's offer to buy all the shares of the company he does not currently own for $54.20 a piece, a source familiar with the deal confirmed to CNN.
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