Tech entrepreneur makes $54.20 offer in cash for microblogging site
The tech billionaire Elon Musk has offered to buy Twitter for $41.4bn.
A regulatory filing showed on Thursday that Musk was offering $54.20 a share – a 38% premium to the closing price of Twitter’s stock on 1 April, the last trading day before the Tesla chief executive’s investment of more than 9% in the company was publicly announced.
