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    Powerful quake kills more than 1,500 people in Turkey and Syria

    Powerful quake kills more than 1,500 people in Turkey and Syria

    14 dead, 13 injured in Lodwar-Kakuma road crash

    14 dead, 13 injured in Lodwar-Kakuma road crash

    Mama Ngina Kenyatta issues bold response to political jabs over tax

    Mama Ngina Kenyatta issues bold response to political jabs over tax

    Willie Kimani murder: Leliman sentenced to death as co-accused get lengthy jail terms

    Willie Kimani murder: Leliman sentenced to death as co-accused get lengthy jail terms

    IG Koome takes action against top cop who authored terror alert memo

    IG Koome confirms withdrawing Uhuru’s security

    Uhuru Kenyatta

    Ruto scales down Uhuru Kenyatta’s security sparking uproar

    Interior CS appoints Rashid Yakub new chairman of firearms board

    Interior CS appoints Rashid Yakub new chairman of firearms board

    Scalpel blade retrieved from woman’s abdomen in Murang’a 11 years after surgery

    Scalpel blade retrieved from woman’s abdomen in Murang’a 11 years after surgery

    From joy to sorrow as Nakuru couple loses five babies hours after birth

    From joy to sorrow as Nakuru couple loses five babies hours after birth

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    Netflix plans to stop password sharing

    Netflix plans to stop password sharing

    Safaricom appoints new top-executives

    Safaricom appoints new top-executives

    Tala among 12 digital lenders okayed by CBK to operate in Kenya

    Tala among 12 digital lenders okayed by CBK to operate in Kenya

    No more cash payments for SGR trains

    No more cash payments for SGR trains

    UK Visa processing to take only three weeks – Jane Marriott

    UK Visa processing to take only three weeks – Jane Marriott

    An inside look at The Dubai shopping festival

    Lessons from Dubai: Why Kenya is missing out on shopping tourism trillions

    Court okays Safaricom to collect bank to mobile transfer fees

    Court okays Safaricom to collect bank to mobile transfer fees

    Joe Sang re-appointed Kenya Pipeline MD after graft case dismissal

    Joe Sang re-appointed Kenya Pipeline MD after graft case dismissal

    De La Rue suffers on production halt in Kenya and litigation in India

    De La Rue suffers on production halt in Kenya and litigation in India

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    Heartbreak as Nigerian artist Tems cancels Kenyan show

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    Veteran reggae DJ Lastborn dead at 43

    Veteran reggae DJ Lastborn dead at 43

    The Queen Is Back: Beyoncé announces ‘Renaissance’ World Tour

    The Queen Is Back: Beyoncé announces ‘Renaissance’ World Tour

    Netflix plans to stop password sharing

    Netflix plans to stop password sharing

    TikTok pilots billboards campaign in Nairobi to celebrate top TikTokers

    TikTok pilots billboards campaign in Nairobi to celebrate top TikTokers

    Martin Kasavuli pays tribute to his mother weeks after burial

    Martin Kasavuli pays tribute to his mother weeks after burial

    An inside look at The Dubai shopping festival

    Lessons from Dubai: Why Kenya is missing out on shopping tourism trillions

    ‘Samidoh unatuangusha’- Gachagua takes swipe at singer over his love affairs

    ‘Samidoh unatuangusha’- Gachagua takes swipe at singer over his love affairs

    Old school rhumba meets deep house: Mix master Euggy sample’s legendary ‘Sina Makosa’ on ‘Chuki’

    Old school rhumba meets deep house: Mix master Euggy sample’s legendary ‘Sina Makosa’ on ‘Chuki’

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    Netflix plans to stop password sharing

    Netflix plans to stop password sharing

    Safaricom appoints new top-executives

    Safaricom appoints new top-executives

    TikTok pilots billboards campaign in Nairobi to celebrate top TikTokers

    TikTok pilots billboards campaign in Nairobi to celebrate top TikTokers

    Tecno launches The Bold, Extra-Ordinary And Eco-Friendly Phantom X2 starting at Sh68,000

    Tecno launches The Bold, Extra-Ordinary And Eco-Friendly Phantom X2 starting at Sh68,000

    OpenAI used Kenyan workers at Sama earning less than Sh200 per hour, investigation reveals

    OpenAI used Kenyan workers at Sama earning less than Sh200 per hour, investigation reveals

    Police unmask mastermind behind infamous Mulot SIM Swap syndicate

    Police unmask mastermind behind infamous Mulot SIM Swap syndicate

    Twitter expected to accept Elon Musk’s bid to buy company

    Twitter 0utages hit thousands of users Worldwide

    Oppo slapped with Sh5 million fine for using man’s photo on Instagram post

    Oppo slapped with Sh5 million fine for using man’s photo on Instagram post

    Former Twitter CEO Jack Dorsey in Kenya, invests Sh245 million

    Former Twitter CEO Jack Dorsey in Kenya, invests Sh245 million

  • Sports
    Man City charged by Premier League with numerous breaches of financial rules

    Man City charged by Premier League with numerous breaches of financial rules

    Kenya rugby legend Collins Injera retires

    Kenya rugby legend Collins Injera retires

    Collins Injera inducted into Fiji’s Rugby Town Walk of Fame – PHOTOS

    Collins Injera inducted into Fiji’s Rugby Town Walk of Fame – PHOTOS

    League football is back! Catch all the action live on Showmax Pro

    League football is back! Catch all the action live on Showmax Pro

    Rally driver Asad Khan dies days after alleged assault

    Rally driver Asad Khan dies days after alleged assault

    ‘The Greatest’: Messi and Argentina the toast of world media

    ‘The Greatest’: Messi and Argentina the toast of world media

    Christmas Comes Early: Varsity student wins Sh200 million Betika Mega Jackpot

    Christmas Comes Early: Varsity student wins Sh200 million Betika Mega Jackpot

    SportPesa announce Sh126mn sponsorship deal for Shujaa

    SportPesa announce Sh126mn sponsorship deal for Shujaa

    Messi magic sends Argentina through to World Cup final in Qatar

    Messi magic sends Argentina through to World Cup final in Qatar

  • Events
    The Queen Is Back: Beyoncé announces ‘Renaissance’ World Tour

    The Queen Is Back: Beyoncé announces ‘Renaissance’ World Tour

    An inside look at The Dubai shopping festival

    Lessons from Dubai: Why Kenya is missing out on shopping tourism trillions

    Tecno launches The Bold, Extra-Ordinary And Eco-Friendly Phantom X2 starting at Sh68,000

    Tecno launches The Bold, Extra-Ordinary And Eco-Friendly Phantom X2 starting at Sh68,000

    Mapenzi Wewe: Drama in Dubai involving wife and Karen Nyamu at Dubai concert with Samidoh – VIDEO

    Mapenzi Wewe: Drama in Dubai involving wife and Karen Nyamu at Dubai concert with Samidoh – VIDEO

    TRAVEL IDEAS: BUDX FIFA FAN FESTIVAL, DUBAI THE WORLD BIGGEST WORLD CUP WATCH PARTY

    TRAVEL IDEAS: BUDX FIFA FAN FESTIVAL, DUBAI THE WORLD BIGGEST WORLD CUP WATCH PARTY

    Guinness celebrates the fans who make matchdays shine brightest with new campaign

    Guinness celebrates the fans who make matchdays shine brightest with new campaign

    Kenya Sevens drop to Challenge Trophy in Hong Kong after losing three games

    Kenya Sevens drop to Challenge Trophy in Hong Kong after losing three games

    Heartbreak as Nigerian artist Tems cancels Kenyan show

    Heartbreak as Nigerian artist Tems cancels Kenyan show

    Nairobi Fashion Week scheduled for November

    Nairobi Fashion Week scheduled for November

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  • Home
  • News
    Powerful quake kills more than 1,500 people in Turkey and Syria

    Powerful quake kills more than 1,500 people in Turkey and Syria

    14 dead, 13 injured in Lodwar-Kakuma road crash

    14 dead, 13 injured in Lodwar-Kakuma road crash

    Mama Ngina Kenyatta issues bold response to political jabs over tax

    Mama Ngina Kenyatta issues bold response to political jabs over tax

    Willie Kimani murder: Leliman sentenced to death as co-accused get lengthy jail terms

    Willie Kimani murder: Leliman sentenced to death as co-accused get lengthy jail terms

    IG Koome takes action against top cop who authored terror alert memo

    IG Koome confirms withdrawing Uhuru’s security

    Uhuru Kenyatta

    Ruto scales down Uhuru Kenyatta’s security sparking uproar

    Interior CS appoints Rashid Yakub new chairman of firearms board

    Interior CS appoints Rashid Yakub new chairman of firearms board

    Scalpel blade retrieved from woman’s abdomen in Murang’a 11 years after surgery

    Scalpel blade retrieved from woman’s abdomen in Murang’a 11 years after surgery

    From joy to sorrow as Nakuru couple loses five babies hours after birth

    From joy to sorrow as Nakuru couple loses five babies hours after birth

  • Business
    Netflix plans to stop password sharing

    Netflix plans to stop password sharing

    Safaricom appoints new top-executives

    Safaricom appoints new top-executives

    Tala among 12 digital lenders okayed by CBK to operate in Kenya

    Tala among 12 digital lenders okayed by CBK to operate in Kenya

    No more cash payments for SGR trains

    No more cash payments for SGR trains

    UK Visa processing to take only three weeks – Jane Marriott

    UK Visa processing to take only three weeks – Jane Marriott

    An inside look at The Dubai shopping festival

    Lessons from Dubai: Why Kenya is missing out on shopping tourism trillions

    Court okays Safaricom to collect bank to mobile transfer fees

    Court okays Safaricom to collect bank to mobile transfer fees

    Joe Sang re-appointed Kenya Pipeline MD after graft case dismissal

    Joe Sang re-appointed Kenya Pipeline MD after graft case dismissal

    De La Rue suffers on production halt in Kenya and litigation in India

    De La Rue suffers on production halt in Kenya and litigation in India

  • Entertainment
    • All
    • Movie
    • Music
    Heartbreak as Nigerian artist Tems cancels Kenyan show

    Nigerian singer Tems wins her first Grammy award

    Veteran reggae DJ Lastborn dead at 43

    Veteran reggae DJ Lastborn dead at 43

    The Queen Is Back: Beyoncé announces ‘Renaissance’ World Tour

    The Queen Is Back: Beyoncé announces ‘Renaissance’ World Tour

    Netflix plans to stop password sharing

    Netflix plans to stop password sharing

    TikTok pilots billboards campaign in Nairobi to celebrate top TikTokers

    TikTok pilots billboards campaign in Nairobi to celebrate top TikTokers

    Martin Kasavuli pays tribute to his mother weeks after burial

    Martin Kasavuli pays tribute to his mother weeks after burial

    An inside look at The Dubai shopping festival

    Lessons from Dubai: Why Kenya is missing out on shopping tourism trillions

    ‘Samidoh unatuangusha’- Gachagua takes swipe at singer over his love affairs

    ‘Samidoh unatuangusha’- Gachagua takes swipe at singer over his love affairs

    Old school rhumba meets deep house: Mix master Euggy sample’s legendary ‘Sina Makosa’ on ‘Chuki’

    Old school rhumba meets deep house: Mix master Euggy sample’s legendary ‘Sina Makosa’ on ‘Chuki’

  • Tech
    Netflix plans to stop password sharing

    Netflix plans to stop password sharing

    Safaricom appoints new top-executives

    Safaricom appoints new top-executives

    TikTok pilots billboards campaign in Nairobi to celebrate top TikTokers

    TikTok pilots billboards campaign in Nairobi to celebrate top TikTokers

    Tecno launches The Bold, Extra-Ordinary And Eco-Friendly Phantom X2 starting at Sh68,000

    Tecno launches The Bold, Extra-Ordinary And Eco-Friendly Phantom X2 starting at Sh68,000

    OpenAI used Kenyan workers at Sama earning less than Sh200 per hour, investigation reveals

    OpenAI used Kenyan workers at Sama earning less than Sh200 per hour, investigation reveals

    Police unmask mastermind behind infamous Mulot SIM Swap syndicate

    Police unmask mastermind behind infamous Mulot SIM Swap syndicate

    Twitter expected to accept Elon Musk’s bid to buy company

    Twitter 0utages hit thousands of users Worldwide

    Oppo slapped with Sh5 million fine for using man’s photo on Instagram post

    Oppo slapped with Sh5 million fine for using man’s photo on Instagram post

    Former Twitter CEO Jack Dorsey in Kenya, invests Sh245 million

    Former Twitter CEO Jack Dorsey in Kenya, invests Sh245 million

  • Sports
    Man City charged by Premier League with numerous breaches of financial rules

    Man City charged by Premier League with numerous breaches of financial rules

    Kenya rugby legend Collins Injera retires

    Kenya rugby legend Collins Injera retires

    Collins Injera inducted into Fiji’s Rugby Town Walk of Fame – PHOTOS

    Collins Injera inducted into Fiji’s Rugby Town Walk of Fame – PHOTOS

    League football is back! Catch all the action live on Showmax Pro

    League football is back! Catch all the action live on Showmax Pro

    Rally driver Asad Khan dies days after alleged assault

    Rally driver Asad Khan dies days after alleged assault

    ‘The Greatest’: Messi and Argentina the toast of world media

    ‘The Greatest’: Messi and Argentina the toast of world media

    Christmas Comes Early: Varsity student wins Sh200 million Betika Mega Jackpot

    Christmas Comes Early: Varsity student wins Sh200 million Betika Mega Jackpot

    SportPesa announce Sh126mn sponsorship deal for Shujaa

    SportPesa announce Sh126mn sponsorship deal for Shujaa

    Messi magic sends Argentina through to World Cup final in Qatar

    Messi magic sends Argentina through to World Cup final in Qatar

  • Events
    The Queen Is Back: Beyoncé announces ‘Renaissance’ World Tour

    The Queen Is Back: Beyoncé announces ‘Renaissance’ World Tour

    An inside look at The Dubai shopping festival

    Lessons from Dubai: Why Kenya is missing out on shopping tourism trillions

    Tecno launches The Bold, Extra-Ordinary And Eco-Friendly Phantom X2 starting at Sh68,000

    Tecno launches The Bold, Extra-Ordinary And Eco-Friendly Phantom X2 starting at Sh68,000

    Mapenzi Wewe: Drama in Dubai involving wife and Karen Nyamu at Dubai concert with Samidoh – VIDEO

    Mapenzi Wewe: Drama in Dubai involving wife and Karen Nyamu at Dubai concert with Samidoh – VIDEO

    TRAVEL IDEAS: BUDX FIFA FAN FESTIVAL, DUBAI THE WORLD BIGGEST WORLD CUP WATCH PARTY

    TRAVEL IDEAS: BUDX FIFA FAN FESTIVAL, DUBAI THE WORLD BIGGEST WORLD CUP WATCH PARTY

    Guinness celebrates the fans who make matchdays shine brightest with new campaign

    Guinness celebrates the fans who make matchdays shine brightest with new campaign

    Kenya Sevens drop to Challenge Trophy in Hong Kong after losing three games

    Kenya Sevens drop to Challenge Trophy in Hong Kong after losing three games

    Heartbreak as Nigerian artist Tems cancels Kenyan show

    Heartbreak as Nigerian artist Tems cancels Kenyan show

    Nairobi Fashion Week scheduled for November

    Nairobi Fashion Week scheduled for November

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Twitter expected to accept Elon Musk’s bid to buy company

Naihaps by Naihaps
May 5, 2022
in Business, Featured, Internet, Tech
Reading Time: 1 min read
Twitter expected to accept Elon Musk’s bid to buy company

Twitter is reportedly prepared to accept Elon Musk’s offer to buy the company for $54.20 per share.

The deal could be reached today if negotiations go smoothly, Bloomberg has reported.

Last week, it was reported that Mr Musk had secured the funding for the deal, after he bought more than 9 per cent of Twitter, making him the biggest company’s biggest shareholder on 9 April.

On 14 April, Musk announced an offer to buy the social media platform for about $43 billion. The billionaire has commitments from Morgan Stanley and other financial institutions, he said in documents published by the US Securities and Exchange Commission, pushing back against rumours that he did not have enough liquid cash to make the deal.

Twitter had originally enacted an anti-takeover measure known as a poison pill that could scuppor a takeover attempt by making it too expensive, but apparently decided to negotiate following an updated proposal from Mr Musk.

The board apparently wants to know if there are any more active investigations into Mr Musk from regulators like the SEC that could stop the deal falling through, and if Mr Musk buying the company would be too great a risk, there could be a break-up fee for Twitter.

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