The Director General of Tesla and founder of the Spacex Aerospace Group is ready to pay $ 54.20 per Twitter action. It ensures that this price constitutes “its best offer” and that it will not be modified.
Le Monde
The Multimilliardaire Elon Musk proposes to redeem Twitter, of which he is already the first shareholder, for $ 41.39 billion (€ 37.9 billion), as shown by a document transmitted Wednesday to the American Stock Exchange Wednesday. and revealed Thursday, April 14th.
m. Musk is ready to pay $ 54.20 per share Twitter (49.70 euros). This represents a “premium”, that is to say a bonus of 21% compared to the opening course of the title this Thursday and 54% compared to that of 28 January, when Mr. Musk started to invest in Twitter.
The billionaire has gone to the capital of the social network up to 9.2%, as shown by documents Posted on April 4 by the Regulator of the American Stock Exchange, the Securities and Exchange Commission. Twitter then proposed to him to enter the board of directors, which he had refused.
The Director General of the Tesla Electric Car Builder and Founder of the Spacex Aerospace Group ensures that this price constitutes “his best offer” and that it will not be modified, adding that in case of failure he will reconsider his presence at capital.
In a letter addressed to the Board of Directors, Mr. Musk says that Twitter “will not prosper or fulfill his societal mission [of freedom of expression] in its current form”. The company must according to him “be transformed into private company”, that is to say unlisted on the stock market.
The Twitter action earned 13.6% in the forward-scholarship exchanges after the announcement of its proposal.