Twitter Stock Surges. Progress Is Being Made on Musk’s $43 Billion Offer.
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Shares of Twitter surged Monday after the social media company met with Elon Musk to discuss the Tesla chief executive’s $43 billion takeover bid.
The Wall Street Journal reported Twitter (ticker: TWTR) and Musk met Sunday to discuss the billionaire’s proposal and were making progress. Barron’s was told by a person familiar with the matter that the deal could be announced Monday. The Journal noted there were no guarantees that a deal will be reached.
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