The New York Times: Elon Musk sought a discount of up to 30% in the Twitter acquisition

2022-10-06 11:23:42
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According to Chain Catcher news, citing three informed sources from The New York Times, Elon Musk has claimed that plans to regain ownership of Twitter have been put back on the agenda, and his representatives have had multiple communications with Twitter about renegotiating at a lower price. The sources revealed that the discount Elon Musk is seeking is as high as 30%, which would value Twitter at approximately $31 billion. The sources stated that Twitter firmly rejected this proposal. Over the past week, the discussions have narrowed down to a discount of about 10%, meaning Elon Musk would pay approximately $39.6 billion for the acquisition of Twitter. These negotiations ultimately did not make any progress. (source link)

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