“Elon Musk Asks For ‘30% Discount’ For Twitter”

It turned out that Elon Musk, who repeated his original offer for Twitter the other day, actually wanted a 30% discount. Although this rate was later reduced to 10%, the Twitter side did not accept discounted offers.

It partnered with the company to buy Twitter last April. $44 billion Having reached an agreement, Elon Musk withdrew from this agreement after the bot accounts discussion. While Twitter and Musk are currently in lawsuits, an interesting move came from Musk last night and offered his offer for Twitter again at the same price.

With this decision, which came while the Musk and Twitter case was ongoing, the events got mixed up. Today, again, surprising information came from various sources. Speaking to The New York Times, four anonymous sources said Elon Musk for Twitter. You want 30% discount suggested.

“Elon Musk bids 30% lower for Twitter, then 10% lower”

According to information reported by The New York Times, Musk wanted to pay 30% less money to buy Twitter. So Musk uses Twitter about 31 billion dollars He wanted to buy. But Twitter turned down this offer. While it was not shared when this offer was presented, it was reported that there was another development last week.

Musk took to Twitter after his 30% offer was rejected, this time from his original offer. 10% lower ($39.6 billion) submitted an offer. But these talks did not yield any results. The newly emerged details showed that Musk’s new offer, which was announced to the public, was not actually a surprise.

According to The New York Times, Musk’s re-offering to buy Twitter could have been an avoidance of litigation, where both parties could possibly be harmed. Elon Musk normally He was to testify under oath on October 7. However, according to the information obtained from the sources after the last proposal, an agreement was reached to postpone this date.

The date set for the Musk-Twitter case is still 17 October While it will remain as a current situation, what will happen in the coming days will naturally be critical. The details we have learned so far showed that Musk may succumb to the case due to new ‘evidence’ that may arise, therefore he resubmitted his offer:

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Source :
https://www.nytimes.com/2022/10/05/technology/elon-musk-twitter-discount.html


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