elon musk twitter price

[ad_1] Elon Musk was sued by a Twitter investor who says the world’s richest person’s on-again off-again purchase of the platform were designed to manipulate its stock price. Elon Musk was sued by a Twitter Inc. investor who says the world's richest person's on-again off-again purchase of the social-media platform and his public attacks on the company were designed to manipulate its stock price. Giuseppe Pampena says that when Musk agreed last week to go ahead with his purchase of Twitter, at the originally agreed upon price, he “essentially acknowledged that he had been bluffing all along” about backing out of the deal. The flip-flops and Musk's accusations about Twitter sunk its stock price, hurting investors while all the while improving Musk's bargaining position, according t...

[ad_1] Musk’s representatives and Twitter held talks in the past few weeks about a buyout for less than the $54.20 a share. Elon Musk's proposal to revive his $44 billion offer for Twitter Inc. followed earlier discussions about cutting the price that failed to yield an agreement, according to people familiar with the matter. Musk's representatives and Twitter held talks in the past few weeks about a buyout for less than the $54.20 a share, which didn't go anywhere, said the people, who asked not to be identified because the talks were private. The Wall Street Journal and the New York Times earlier reported the discussions, with the Times saying Musk had sought a 30% reduction in the price. A representative for Twitter declined to comment. A spokesman for Musk's legal team did...

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Elon Musk Sued by Twitter Investor Over ‘Fraudulent’ Buyout Flip-Flop

Twitter Too Pricey For Elon Musk?