Sign up now for FREE unlimited access to Reuters.com Register April 18 (Reuters) – Elon Musk tweeted “Love Me Tender”, a song by Elvis Presley, a day after Twitter Inc (TWTR.N) adopted a “poison pill” to protect itself from cash offerings 43 billion dollars to buy the social network media company. Following Musk’s speech at TED on Thursday, he hinted at the possibility of a hostile bid bypassing Twitter’s board and placing the offer directly to its shareholders, writing on Twitter: “It would be completely unjustified not to put this offer in a vote of the shareholders “. . read more In another tweet over the weekend, Musk, a self-proclaimed “absolute freedom of speech” critic of Twitter and its policies, responded to a 2017 post where he asked “How much is it (Twitter)?” with an upside down smile. Sign up now for FREE unlimited access to Reuters.com Register Musk, who is also the CEO of electric vehicle maker Tesla Inc. (TSLA.O), has a 9.1% stake in Twitter and is the second largest shareholder in the social networking company. Shares of Twitter rose 2.1% to $ 46.03 in preliminary trading on Monday, still significantly below Musk’s offer of $ 54.20 per share. The company’s shares have risen about 15% since Musk unveiled his stake on April 4. Thoma Bravo, a technology-focused private equity firm with more than $ 103 billion in assets under management until the end of December, told Twitter it was exploring the possibility of bidding, people familiar with the matter told Reuters on Friday. theme. . Sign up now for FREE unlimited access to Reuters.com Register Report by Akriti Sharma and Chavi Mehta in Bengaluru. Edited by: Shounak Dasgupta Our role models: The Thomson Reuters Trust Principles.
