Twitter shares rose on reports the social media company is nearing a deal to sell itself to billionaire Elon Musk.
The two sides could reach an agreement as soon as Monday, the Wall Street Journal and other outlets reported, less than two weeks after Musk offered to buy the company at a valuation of more than $40 billion.
A sale would cap a dizzying saga for Twitter and Musk, the world’s richest man and a prolific user of Twitter, where he has more than 83 million followers and regularly posts memes, boosts his companies Tesla and SpaceX, and squabbles with critics.
Read this story now for free
To continue reading, sign up for our newsletter and get unlimited access to WABE.org
You can select your preferences for news and local content. We will never share your email address. Learn how your newsletter sign-up will support WABE and Public Media
