Watch Elon Musk Launches $43 Billion Dollar Hostile Takeover of Twitter News Video

29 sec read

“Twitter CEO Parag Agrawal is trying to assuage employee fears in the wake of Elon Musk launching a hostile $43 billion takeover attempt of the social media company.

“At an all-staff meeting on Thursday, Agrawal said Twitter’s board is considering Musk’s offer and will act in the best interest of company shareholders, according to two employees in attendance.

“When an employee suggested that Musk’s aggressive acquisition bid felt like a hostage situation, Agrawal dismissed the notion.

“”I don’t believe we are being held hostage,” Agrawal shot back, according to the employees.

“After the meeting, many were dismayed, saying they feel like they were being left in the dark about what was really going on and that a Musk-owned Twitter represents, to some, a nightmare scenario, given Musk’s long history as a volatile business leader.”

Read more at NPR

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