Elon Musk 'not sure' his takeover bid for Twitter will be successful

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Musk has said he is not sure if his takeover bid for the social media firm will succeed.

He said at the conference that he had offered to buy the company for more than $40 billion.

On Thursday, the chief executive of the company told employees that the company was evaluating the approach.

The company was not being held hostage by the offer, according to Parag.

Mr Musk said that he was not sure that he would be able to acquire it.

He said that he had a Plan B if his bid was rejected, but gave no further details.

At the event, Mr Musk said that he would like to see more openness and transparency on the micro-blogging site.

He said that it was important for there to be an inclusive arena for free speech.

He offered to buy all of the shares in the company that he doesn't already own.

In an official filing to US regulators, Mr Musk said he was the right person tounlock the company and that if his offer was not accepted, he would need to rethink his position.

If the board of directors rejected the offer, it would be indefensible to not put it to a shareholder vote.

The board must still review the offer, which values the company's shares at well below the level of more than $70 that they reached last summer.

Mr Musk is the biggest shareholder of the social media platform.

On 8 April, the asset management firm disclosed that its funds now own a 10.3% stake, bumping him off the top spot.

Since the attempt to buy the company, the company has kept quiet.

There was an "all hands" meeting where questions were put to the company's chief executive.

The details only give a suggestion of what the management of the company thinks of the offer. The company was not being held hostage according to Mr. Agrawal.

I was told the meeting was to give employees more information. One worker told me that they left the meeting more confused.

The employee said that they didn't know what was going to happen.

The damage that Musk could do if he were to be reprimanded is something that the board of the micro-blogging site has to consider. He has a plan B if he doesn't get his offer.

Even though it is worth tens of billions of dollars, it is nothing compared to Musk, who is worth more than $200 billion. He is a dangerous foe because of his wealth.