Elon Musk seeks to ‘transform’ Twitter with hostile takeover
April 14, 2022
Elon Musk has made an unsolicited bid for Twitter in an attempt to take it private. Mr. Musk, according to an SEC filing, has offered $54.20 per share to acquire the social media platform. The bid represents a 38 percent premium over Twitter’s closing price on April 1.
Recent News
Grocery Prices Have Finally Fallen for the First Time in a Year
Some grocery staples are seeing a decline in price.
Under Armour Layoffs Set Company up for Major Restructuring, Says CEO
Amid a decline in revenue, the brand is restructuring.
Almost 900,000 Yogi Tea Bags Recalled Over Pesticides
East West Tea Company, LLC has initiated a recall affecting almost 900,000 Yogi tea bags in 54,846 boxes sold nationwide.
McDonald’s Introduces Limited-Time $5 Value Meal & New McFlurry
McDonald’s will launch a $5 value meal in the U.S. starting June 25, available for roughly a month.