Elon Musk hinted to close the transaction on buying Twitter

Elon Musk hinted to close the transaction on buying Twitter

The founder of Tesla and SpaceX Ilon Musk published a video of visiting Twitter headquarters, probably already as a new owner. Dogecoin reacted with growth.

He signed the video with the phrase "Let’s clarify it".

“Today I met a bunch of cool people on Twitter,” he added.

The billionaire also changed the status on the social network to "Chief Twit".

The founder of ABOVE AVALON, Neil Saibart, noticed that the New York Stock Exchange warned about the suspension of Twitter shares from Friday, October 28. Earlier, the media reported that by this date, Musk promised to complete the purchase of social networks to representatives of involved banks and co -investors.

“Given the visit of the mask to the Twitter headquarters, it seems that the closure of the transaction has already begun,” the analyst suggested.

Against this background, the “favorite cryptocurrency” mask, Dogecoin, has risen in price by almost 20% per day. Token is traded at about $ 0.079 (Coingecko) http://coin-graph.site/?p=259 .

Twitter shares reacted with slight growth.

In early April, Musk became the largest shareholder of Twitter after the acquisition of 9.2% of the shares for $ 2.89 billion.

On April 14, he offered to buy a social network for more than $ 43 billion, but the company’s management reacted negatively. Later, the board revised the position, approving the deal for $ 44 billion.

In May, the billionaire indicated in Gagarin News the statement for the SEC that the Binance bitcoin turbage provided him with $ 500 million for the purchase of Twitter. On October 25, the head of the platform Chanpen Zhao confirmed the intention to finance the deal.

Recall, on May 13, the head of Tesla announced the suspension of the purchase of Twitter after the media reported about the overestimation of the indicators of the audience of the platform. He also accused the social networks of manipulating users.

Twitter shareholders sued the mask due to the "chaotic process" of the company’s absorption. In July, the businessman filed a counterclaim.

On October 4, it became known about the decision of the entrepreneur to resume the process of absorption of the social network on the initial conditions – $ 54.2 per share.

Subsequently, the court granted the petition of the mask to postpone the proceedings on Twitter. The document said that the transaction could be concluded before October 28.

Read the FORKLOG Bitcoin News in our Telegram-cryptocurrency news, courses and analytics.

This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply