Billionaire entrepreneur, Elon Musk posted a tweet on Saturday saying "Love Me Tender", days after he took aim at Twitter Inc with a $43 billion cash takeover offer.
After Musk's TED talk on Thursday, he hinted at the possibility of a hostile bid in which he would bypass Twitter's board and put the offer directly to its shareholders, tweeting: "It would be utterly indefensible not to put this offer to a shareholder vote".
Over the weekend Musk, already the San Francisco-based company's second-largest shareholder after amassing a 9.1% stake in the social media firm, tweeted Twitter board's "economic interests are simply not aligned with shareholders".
Twitter on Friday adopted a "poison pill" to limit Musk's ability to raise his stake in the company.
Thoma Bravo, a technology-focused private equity firm that had more than $103 billion in assets under management as of the end of December, informed Twitter that it was exploring the possibility of putting together a bid, people familiar with the matter told Reuters on Friday.
Latest Stories
-
Baltasar Coin becomes first Ghanaian meme coin to hit DEX Screener at $100K market cap
34 minutes -
EC blames re-collation of disputed results on widespread lawlessness by party supporters
48 minutes -
Top 20 Ghanaian songs released in 2024
1 hour -
Beating Messi’s Inter Miami to MLS Cup feels amazing – Joseph Paintsil
1 hour -
NDC administration will reverse all ‘last-minute’ gov’t employee promotions – Asiedu Nketiah
2 hours -
Kudus sights ‘authority and kingship’ for elephant stool celebration
2 hours -
We’ll embrace cutting-edge technologies to address emerging healthcare needs – Prof. Antwi-Kusi
2 hours -
Nana Aba Anamoah, Cwesi Oteng special guests for Philip Nai and Friends’ charity event
2 hours -
Environmental protection officers receive training on how to tackle climate change
2 hours -
CLOGSAG vows to resist partisan appointments in Civil, Local Government Service
3 hours -
Peasant Farmers Association welcomes Mahama’s move to rename Agric Ministry
3 hours -
NDC grateful to chiefs, people of Bono Region -Asiedu Nketia
4 hours -
Ban on smoking in public: FDA engages food service establishments on compliance
4 hours -
Mahama’s administration to consider opening Ghana’s Mission in Budapest
4 hours -
GEPA commits to building robust systems that empower MSMEs
4 hours