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Dynamite News
Dynamite News
World
DN Bureau

Twitter Deal: Proceeding of deal is not on hold, says Twitter to employees

Twitter Deal

San Francisco: Twitter executives told employees on Thursday that the $44 billion deal to sell the company to billionaire Elon Musk is moving forward as planned, as per a report in international media.

According to Bloomberg news, Twitter's top lawyer and head of policy Vijaya Gadde also told them that it would not renegotiate the agreed-upon price of $54.20 per share. Gadde told workers at an all-hands meeting that there is “no such thing as a deal being on hold,” Bloomberg quoted people who attended the meeting.

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