Musk set to buy Twitter with $43 billion offer

Tags: International News

Elon Musk, Tesla's Chief Executive Officer (CEO) has offered to buy Twitter.

• Twitter informed the stock market on April 14 that Musk sent it a letter on April 13, proposing to buy the rest of the company's shares.

• Musk has offered $54.20 for each Twitter share. The offering comes in at over $43 billion.

• Musk has described this price as his maximum and final offer.

• It is noteworthy that Musk currently owns more than nine percent of Twitter's shares. He is the largest shareholder of the company.