- Elon Musk says there is a “plan b” if his bid is not accepted by the Twitter board
- Twitter announced that its Board of Directors has unanimously adopted a limited duration shareholder rights plan (the “Rights Plan”)
- NY Post reports that Elon is speaking to investors to help bid for Twitter.
- Goldman Sachs is against Elon’s bid (in the meantime, Goldman has a sell rating and a price target of $30 for Twitter stock)
- Twitter hired JPMorgan to advise on Elon Musk’s bid.
- A private equity firm Thoma Bravo LP is interested in putting together a bid to acquire the social-media company, Reuters suggests
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