• Latest
  • Trending
  • All
Elon Musk Moves To Buy Twitter, Threatens to Exit Investment If Offer Is Rejected

Elon Musk Moves To Buy Twitter, Threatens to Exit Investment If Offer Is Rejected

Muhammadu Buhari (1942–2025): Life, Times, “Presidency and Medical Trips”

Muhammadu Buhari (1942–2025): Life, Times, “Presidency and Medical Trips”

Awujale of Ijebuland is Dead

Awujale of Ijebuland is Dead

Tinubu orders Shettima, Gbaja to Accompany Buhari’s Body back to Nigeria

Tinubu orders Shettima, Gbaja to Accompany Buhari’s Body back to Nigeria

Former President Buhari hospitalised in London

BREAKING: Former President Buhari is dead

‘From Umbrella to Broom’- Davido releases New Song as Governor Adeleke ‘Announce’ Defection to APC

‘From Umbrella to Broom’- Davido releases New Song as Governor Adeleke ‘Announce’ Defection to APC

After $3b repairs, NNPC Considers Selling Nigeria’s 445,000 bpd Refineries

NASS clears JAMB of alleged Misappropriation

JAMB accusses Chinedu Okeke, Top Scorer of 2025 UTME of ‘Foul Play’

31 African Countries Affected by 3-Month Validity of US Visa: FULL LIST

31 African Countries Affected by 3-Month Validity of US Visa: FULL LIST

Why NNPC Refineries May Never Work Again – Dangote

Why NNPC Refineries May Never Work Again – Dangote

FG reacts as Trump mounts pressure on Nigeria to accept Venezuelan deportees from US

FG reacts as Trump mounts pressure on Nigeria to accept Venezuelan deportees from US

‘were you educated?’: Trump shocked as Liberian President speaks fluent English (Video)

‘were you educated?’: Trump shocked as Liberian President speaks fluent English (Video)

Reactions as CAC’s AI system approves ‘BokoHaram Hub’, ‘Nigeria Must Scatter’, others for Business Names

Reactions as CAC’s AI system approves ‘BokoHaram Hub’, ‘Nigeria Must Scatter’, others for Business Names

  • About Us
  • Advertise with Us
  • Editorial Policy
Monday, July 14, 2025
  • Login
iDeemlawful
  • Home
  • News
  • Featured
  • Politics
  • Life Style
  • Advertise with Us
  • Opinion
  • Campus
No Result
View All Result
iDeemlawful
No Result
View All Result
No Result
View All Result
iDeemlawful
  • Home
  • News
  • Featured
  • Politics
  • Commentary
  • Editorial
  • Campus
Home Business News

Elon Musk Moves To Buy Twitter, Threatens to Exit Investment If Offer Is Rejected

by iDeemlawful
April 14, 2022
A A
Elon Musk Moves To Buy Twitter, Threatens to Exit Investment If Offer Is Rejected
FacebookTwitterWhatsapp

Elon Musk has threatened to withdraw his shareholder role in Twitter if the board doesn’t accept his offer to acquire 100% of the microblogging site, as he plans to take it private.

Musk had bought 9.2% of Twitter stake to end up the largest shareholder in the corporation in March, however the acquisition was made public in April, opening the door for the billionaire to be part of the board.

Read also: ×Twitter To Test Long-awaited Edit Button

RelatedPosts

Elon Musk Sued by US Markets Authority for Twitter Stake Breach

US Market Watchdog sues Elon Musk for Buying Twitter

‘Grok AI’ by Elon Musk Introduces Image Analysis Feature

Trump appoints Elon Musk as Head of ‘DOGE’, new US Govt department

He had been given a situation that would make him unable to want to acquire the firm totally if he joins the board, leading to the Tesla chairman rejecting the board membership – this decision has now birthed different events.

On Thursday, Musk’s letter to the U.S securities was circulated, which states that he is interested in taking Twitter private by offering to purchase the public firm’s stock for $54.20 per share, 18.2% above the current market value of $45.85.

The billionaire advised Twitter chairman, Bret Taylor, in the letter, that he invested in Twitter because of its necessary function in democracy, and he’s keen to unlock the potential of the social media platform.

“As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced.” the letter reads.

Dangling his stake before the chairman, Musk threatened that he would reconsider his investment in the company if his buoyant offer is rejected, “My offer is pleasant and final offer and if it is now not accepted, I would want to reconsider my position as a shareholder

Tags: Elon MuskTwitter
Previous Post

Court Remands Two Over Defecation Inside Mosque

Next Post

Three Injured As Score Of Hoodlums Invade Bayelsa High Court

iDeemlawful

iDeemlawful

Related Posts

Muhammadu Buhari (1942–2025): Life, Times, “Presidency and Medical Trips”
Breaking News

Muhammadu Buhari (1942–2025): Life, Times, “Presidency and Medical Trips”

Business News

After $3b repairs, NNPC Considers Selling Nigeria’s 445,000 bpd Refineries

31 African Countries Affected by 3-Month Validity of US Visa: FULL LIST
Business News

31 African Countries Affected by 3-Month Validity of US Visa: FULL LIST

Why NNPC Refineries May Never Work Again – Dangote
Business News

Why NNPC Refineries May Never Work Again – Dangote

Reactions as CAC’s AI system approves ‘BokoHaram Hub’, ‘Nigeria Must Scatter’, others for Business Names
Business News

Reactions as CAC’s AI system approves ‘BokoHaram Hub’, ‘Nigeria Must Scatter’, others for Business Names

Trump threatens Nigeria with 10% Tariff for Supporting BRICS
Featured

Trump threatens Nigeria with 10% Tariff for Supporting BRICS

Nigerian Banks resume International Transactions on Naira Cards
Business News

Nigerian Banks resume International Transactions on Naira Cards

Saint Lucia confers Highest National Honour on Tinubu [Video]
Breaking News

Saint Lucia confers Highest National Honour on Tinubu [Video]

‘We have recovered reasonable amount’ – EFCC gives update on N1.3trn CBEX crypto fraud
Business News

Court rejects CBEX promoters’ bail Application

Peter Obi declares 2027 Presidential Ambition
Featured

Peter Obi declares 2027 Presidential Ambition

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

iDeemlawful

Copyright © 2019–2025 Deemlawful Media

  • About Us
  • Advertise with Us
  • Editorial Policy

Connect With Us

No Result
View All Result
  • Home
  • News
  • Featured
  • Politics
  • Life Style
  • Advertise with Us
  • Opinion
  • Campus

Copyright © 2019–2025 Deemlawful Media

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In