The richest person in the world and a serious Dogecoin (DOGE) fan of Elon Musk Looks like he’ll get what he wants again.
Musk sent an offer to buy Twitter last week, but the board did not accept it and chose the path known as the “poison pill”. Now things are changing.
Musk Melts Down
According to information reported by The Wall Street Journal, Elon Musk may have made Twitter accept his offer.
In the information conveyed by the WSJ, he emphasized that the two sides met on Sunday and that Musk’s offer was renegotiated.
Reporting that the two sides have made progress, the news source also explained the reason for this. According to the information transferred, the reason for Musk’s proposal to be renegotiated is the pressure of the shareholders and the fear of being sued.
Musk previously 9.2% stake had bought. Stating that he wants to buy Twitter directly after this, Musk said that per share. $54.20 he offered. Twitter, on the other hand, did not accept this and the event received serious reactions on social media.
The WSJ stated that the proposal is currently being renegotiated, but it remains unclear whether it will be completed or whether it will change.
It is known that Twitter will release its first quarter data this Thursday, and they expect Twitter to make a statement about the offer exactly after that.
Musk’s acquisition of Twitter is definitely a big change, and especially for Dogecoin, it means steps that can be beneficial in the future.