Twitter May Imminently Announce It Really Is Selling Itself to Elon Musk

Twitter is set to accept, as early as Monday, an offer to sell itself to Elon Musk for $43 billion in cash, it was reported today.

Reuters, citing sources, said the company “may announce the $54.20-per-share deal as soon as later today once its board has met to recommend the transaction to Twitter shareholders”—but added a note of caution saying it was “always possible that the deal collapses at the last minute.”

The once far-fetched prospect of Musk taking control of Twitter as a private company follows several weeks in which the world’s richest man has publicly stoked speculation about his intentions, with a combination of overt statements and ambiguous tweets.

Read more at The Daily Beast.