From CNBC.com…
Twitter could be becoming more receptive to a takeover bid from Elon Musk after the billionaire disclosed he has secured $46.5 billion in financing, The Wall Street Journal reported Sunday.
The social media company had been expected to shoot down the offer and had adopted a so-called poison pill to fend off a potential hostile takeover.
But executives are now re-examining the bid and are more likely than before to try and negotiate, the paper said, citing people familiar with the matter. The situation is fast-moving, but the two sides are meeting on Sunday to discuss Musk’s $43 billion proposal, the Journal reported.
A Twitter spokesperson declined to comment on the report.
