Twitter yes or Twitter no? Eventually it should be Twitter yes. The telenovela that for months has been comparing Elon Musk to the social network of global importance could soon reach the last episode: the CEO of Tesla, who previously announced that he was about to acquire Twitter and then withdraw his offer at the most beautiful, it seems now. be convinced again that the operation is about to go through. So much so that in the last few hours he has rethought the step backwards that he had taken and proposed to Twitter to buy it for 44 billion dollars, ie the original amount offered in April.
Today’s edition of Repubblica reads this turnaround as an attempt to stop the cause which should be discussed on October 17 in the Delaware Chancery Court, just to judge his renunciation of the purchase. A fear that the Twitter board has also thought of, which is carefully evaluating the new proposal put forward by the CEO of Tesla precisely to prevent it from turning into a sly maneuver to mess up the legal process. The newspaper explains that they are two are the keys to reading of this move by the South African manager: it is possible that Musk understood that he was going to lose the case and therefore retraced his steps, or he is simply hoping to thwart her with this last-minute offer. Whatever the reason behind Tesla’s CEO, now Twitter has to make a decision.
On Monday evening, the lawyers of Tesla’s number one had offered the legal representatives of the bird’s social network to proceed with the purchase at the price of $ 54.20 per share, that is the original 44 billion dollars. The ball is now in the hands of Twitter, which at the moment has limited itself to reporting that it has received the letter from Musk confirming its willingness to close the deal at the original price. A will however has not yet been formally recognized: what will be the final decision of the social platform?
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