Tech entrepreneur makes offer of $54.20 a share in cash for microblogging site
The tech billionaire Elon Musk has offered to buy Twitter for $41.4bn.
A regulatory filing showed on Thursday that Musk was offering $54.20 a share – a 38% premium to the closing price of Twitter’s stock on 1 April, the last trading day before the Tesla chief executive’s investment of more than 9% in the company was publicly announced.
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