AP (WBAP/KLIF) – The New York Times reports that Twitter’s board and Tesla CEO Elon Musk are negotiating over his bid to buy the social media platform.
Musk said last week that he had lined up $46.5 billion in financing to buy Twitter, putting pressure on the company’s board to negotiate a deal.
The Times cited people with knowledge of the situation who it did not identify. It said the two sides were discussing details including a timeline and fees if an agreement was signed and then fell apart.
The people said the situation was fluid and fast-moving.Li
Listen to details from Fox Radio News’ Lauren Blanchard
The Associated Press. All rights reserved.
