Twitter could also be warming as much as the thought of promoting itself to . According to , the corporate is re-examining Musk’s takeover bid after the billionaire he had the monetary backing to get the deal executed. When Musk first introduced he was able to pay to purchase the social media big, noting on the time it was his “best and final offer,” Twitter was broadly anticipated to reject the proposal. The firm even went as far as to undertake a so-called “” technique to keep at bay a hostile takeover try.

But Twitter is now “taking a fresh look” at Musk’s supply and is extra more likely to interact in negotiations, in accordance with The Journal. The outlet experiences the 2 sides are assembly on Sunday to debate the proposal, however a handful of hurdles might complicate negotiations. For occasion, firm executives might insist on Musk agreeing to financial protections if the deal falls by way of.

Twitter declined to touch upon the report. When Musk first introduced his bid, the corporate stated it was dedicated to a “careful, comprehensive and deliberate review” of the supply. It’s very possible we’ll find out how Twitter plans to proceed someday within the subsequent few days. The Journal experiences the corporate will weigh in on the state of affairs when it experiences its first-quarter earnings on Thursday, “if not sooner.”