Elon Musk did not need Tesla board to review buyout tweets, directors testifyMusk tweeted that he had "funding secured" to take the carmaker private at a $420 per share price, a premium of about 23% to the prior day'...
02 Feb, 2023, 11.05 AM IST
As Twitter takes centre stage, Tesla shares see a sharp fallElon Musk's takeover of Twitter may also be weighing down the shares of Tesla. The electric car maker's shares have slumped more than 47% s...
09 Dec, 2022, 05.53 AM IST
Twitter shares drift towards Musk's offer price as deadline loomsShares of the social media company were last up 0.5% at a near seven-month high of $53.05 in premarket trading, the closest they have come ...
26 Oct, 2022, 07.33 PM IST
Elon Musk sued by Twitter investor over busted $44 billion dealThe lawsuit was filed in Delaware Chancery Court—the same forum that’s set to hold a fast-tracked trial in October of Twitter’s claims agai...
01 Aug, 2022, 11.02 PM IST
Making a hash tag of the Twitter deal?There is also uncertainty over whether shareholders will approve the buyout, although Musk has been in conversation with Twitter's sharehol...
10 Jul, 2022, 11.17 PM IST
Legally bombed: Elon Musk’s troubles since he bought Twitter sharesHere's a rundown of Elon Musk's legal woes since he first disclosed his 9.2% stake in Twitter in early April.
27 May, 2022, 04.56 PM IST
Musk sued by Twitter investors for stock 'manipulation' during takeover bidThe investors said Musk saved himself $156 million by failing to disclose that he had purchased more than 5% of Twitter by March 14. They a...
26 May, 2022, 11.11 PM IST
'Twitter doesn't believe in free speech... like we're all commie': secret recording revealsAn American far-right activist group Project Veritas released a video purportedly showing a senior Twitter engineer Siru Murugesan admittin...
17 May, 2022, 11.18 AM IST
Twitter reconsidering billionaire Elon Musk's buyout offer? What we knowMusk has previously cited concerns over freedom of speech as motivation for buying the platform.
25 Apr, 2022, 12.47 PM IST
Elon Musk tears up buyout playbook with $46.5 billion Twitter financingMore than two-thirds of the $46.5 billion financing package that Musk unveiled on Thursday in support of his bid for Twitter Inc would come...
22 Apr, 2022, 04.45 PM IST
Twitter board salary will be $0 if my bid succeeds: Elon Musk"Board salary will be $0 if my bid succeeds, so that's ~$3M/year saved right there," Musk tweeted in response to a user's post criticising ...
19 Apr, 2022, 09.53 AM IST
More private equity firms express interest in a Twitter dealApollo Global Management Inc is considering ways it can provide financing to any deal and is open to working with Elon Musk or any other bi...
19 Apr, 2022, 09.44 AM IST
More private equity firms express interest in a Twitter deal: ReportTwitter adopted a "poison pill" on Friday to limit Musk's ability to raise his stake in the social media platform.
19 Apr, 2022, 07.51 AM IST
Twitter adopts 'poison pill' defense against Musk buyout bidTwitter's board has unanimously adopted a so-called shareholder rights plan, also known as a "poison pill," as the struggle for control of ...
16 Apr, 2022, 03.02 PM IST
Buyout firm Thoma Bravo approaches Twitter with acquisition interestThoma Bravo, a private equity firm that had more than $103 billion in assets under management as of the end of December, has informed Twitt...
16 Apr, 2022, 09.05 AM IST
Twitter board moves to defend against Elon Musk buyout bid"The Rights Plan will reduce the likelihood that any entity, person or group gains control of Twitter through open market accumulation with...
15 Apr, 2022, 10.44 PM IST
Saudi prince Alwaleed bin Talal rejects Elon Musk's Twitter takeover bidResponding to Prince Alwaleed's tweet, Musk said, “Interesting. Just two questions, if I may. How much of Twitter does the Kingdom own, dir...
15 Apr, 2022, 02.39 PM IST