Twitter Too Pricey For Elon Musk?
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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...