从Poison Pill Project到Guan Xuan accepts the acquisitionWithin 10 days$Twitter (TWTR.US) $There was a U-turn in attitude.

On Monday, April 25, et, Twitter's board of directors announced a final agreement that Musk's wholly-owned entities would buy Twitter for $54.20 a share, valuing Twitter at about $44 billion. Upon completion of the transaction, Twitter will become a privately held company.

On Monday, Twitter's board of directors said the acquisition had been unanimously approved by board members and was expected to be completed within this year, subject to approval by Twitter shareholders and regulators.

WhyWill Twitter reconsider and accept Musk's proposal?

The money given is too much.

Under the terms of the agreement, Twitter shareholders will receive $54.20 per share in cash upon completion of the transaction.

The purchase price represents a 38 per cent premium to Mr Musk's closing price on April 1, the day before Mr Musk disclosed his stake in Twitter. $54.2 per share was also Musk's initial offer.

In the face of such a generous offer, is there any reason for other shareholders to refuse?

Netflix Inc warning

$Netflix Inc (NFLX.US) $Last week reported that the company lost 200000 subscribers in the first quarter of 2022 and said it would lose another 2 million subscribers from May to June.

The company's share price plunged nearly 40% after the earnings report.

Ackerman, a US hedge fund boss who wanted to make a bottom but was halfway up the mountain, lost a huge $430 million in four months and chose to withdraw from his investment in Netflix Inc with tearful losses, saying he had "lost confidence" in his prediction of the company's future.

If the deal doesn't go through, Musk could sell his shares, which could lead to a loss of investor confidence and a similar spiral in Twitter's share price.

Mr Musk had previously warned Twitter shareholders that they might reconsider their status as a shareholder if Twitter refused the offer.

"my offer is my best and final offer, and if it is not accepted, I need to reconsider my position as a shareholder."

The decision of the board of directors of Twitter was expected. A number of media outlets mentioned earlier on Monday that people familiar with the matter said that Twitter was in the final stages of negotiations on the sale of the company to Musk, and an agreement could be reached as early as Monday.

Twitter's board of directors quickly launched a so-called "poison pill" to fend off hostile takeovers in mid-April after Mr Musk proposed a takeover, but Twitter's board made a U-turn after Mr Musk received a $46.5 billion financing commitment.

It was revealed over the weekend that Twitter was reviewing the offer and would negotiate with Musk on Sunday Eastern time. This is a sign that Twitter is becoming more receptive to Musk's acquisition.