Musk sought a discount of as much as 30%, three of the people said, a proposal that would have valued the company at roughly $31 billion. Twitter rebuffed the proposal, said the people, who requested anonymity because the talks were confidential. In the past week, however, discussions narrowed to a discount of about 10%, which would have allowed Musk to pay about $39.6 billion for Twitter.
from Tech-Economic Times https://ift.tt/358BYjG
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