Twitter Reconsiders Musk's Acquisition Proposal... Meeting Scheduled Today

[Image source=AP Yonhap News]

[Asia Economy New York=Special Correspondent Joselgina] Social media platform Twitter is reportedly reconsidering Elon Musk, Tesla CEO's acquisition proposal.

The Wall Street Journal (WSJ) reported on the 24th (local time), citing sources, that Twitter is newly reviewing Musk CEO's acquisition offer after he announced securing $46.5 billion in acquisition funds, and the possibility of negotiations has increased compared to before. A source stated, "Both parties will meet today to discuss Musk CEO's proposal."

Twitter has not issued any specific statement regarding this report. Previously, Twitter activated a poison pill to prevent Musk CEO's hostile takeover bid. Twitter is scheduled to announce its earnings on the 28th. A source said, "The management may discuss the deal early this week."

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