Billionaire Elon Musk is expected to propose going ahead with his takeover of Twitter at $54.20 (nearly Rs. 4,400) per share, a Bloomberg news reporter tweeted on Tuesday. Twitter shares jumped 12.7 percent to $47.93 (nearly Rs. 3,900) before trading was halted for the second time, while Tesla, the electric…
Elon Musk, the chief executive officer of Tesla and the world’s richest person, said on Friday he was terminating his $44 billion (roughly Rs. 3,49,060 crore) deal to buy Twitter because the social media company had breached multiple provisions of the merger agreement. Twitter’s chairman, Bret Taylor, said on the micro-blogging…
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