Elon Musk Takeover Twitter

Elon Musk’s $43 billion offer is expected to be accepted by Twitter.

NEW YORK, April 25 (Reuters) – Twitter Inc(TWTR.N)is poised to agree a sale to Elon Musk for around $43 billion in cash, the price the CEO of Tesla has called his “best and final” offer for the social media company, people familiar with the matter said.

Twitter may announce the $54.20-per-share deal later on Monday once its board has met to recommend the transaction to Twitter shareholders, the sources said, adding it was still possible the deal could collapse at the last minute.