Report: Twitter reexamining Musk’s takeover offer

Tesla CEO Musk said Thursday he had secured close to US$46.5bil to finance the transaction, but also that he planned to appeal directly the company's shareholders as he looks to take over the social media platform. — Reuters

Twitter is reconsidering Elon Musk’s buyout proposal, with discussions between the two camps ongoing Sunday, The Wall Street Journal reported, after the billionaire said Thursday he had secured the necessary funding.

“Twitter is taking a fresh look at the offer and is more likely than before to seek to negotiate,” the business daily reported, citing sources familiar with the matter.