(Reuters) – Billionaire Elon Musk has offered to buy Twitter for $41.39 billion, a regulatory filing showed on Thursday.
Musk’s offer price of $54.20 per share represents a 38% premium to the closing price of Twitter’s stock on April 1, the last trading day before the Tesla CEO’s over 9% investment in the company was publicly announced.
(Reporting by Chavi Mehta and Uday Sampath in Bengaluru; Editing by Anil D’Silva)
