Musk Is Said to Have Discussed Lowering Offer Price With Twitter
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Elon Musk’s proposal to revive his $44 billion offer for Twitter Inc. followed earlier discussions about cutting the price that failed to yield an agreement, according to people familiar with the matter.
Musk’s representatives and Twitter held talks in the past few weeks about a buyout for less than the $54.20 a share, which didn’t go anywhere, said the people, who asked not to be identified because the talks were private.