New York, San Francisco, Dusseldorf Tesla CEO Elon Musk is on target on Twitter: the US billionaire is taking over the online service for $ 44 billion. Investors will receive $54.20 for each Twitter share they hold, as Twitter announced on Monday evening. The stock is then to be taken off the stock exchange. Twitter is thus giving up its opposition to the takeover by Musk.
According to US media reports, Twitter management had met with Musk on Sunday to discuss the purchase offer and his financing plan. According to the “New York Times”, both sides negotiated until the early hours of Monday morning. Apparently, some shareholders wanted to knock out a higher price. Musk had described his offer as his “best and final”. The securities closed at $48.93 on Friday.