Twitter ‘in takeover talks with Elon Musk’ after pressure from shareholders

Company negotiating with Tesla CEO, say sources, after he wooed investors with details of his $43bn offer

Twitter is in discussions over a sale to Elon Musk after he put together a $46.5bn (£36.4bn) funding package to acquire the social media platform, according to reports.

The Twitter board had initially signalled its opposition to Musk by adopting a so-called poison pill defence against any unwanted takeover approach. But it appears to have changed its mind after Musk filed details of funding for his bid on Thursday, which was reportedly followed by meetings between the Tesla chief executive and Twitter shareholders.

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