Business Standard

Elon Musk's Twitter deal proceeding, not 'on hold': Executives tell staff

Vijaya Gadde, Twitter's top lawyer and head of policy, also told workers at an all-hands meeting that there is "no such thing as a deal being on hold"

Twitter
Premium

Kurt Wagner and Maxwell Adler | Bloomberg
Twitter Inc. executives told employees on Thursday that the $44 billion deal to sell the company to billionaire Elon Musk is moving forward as planned, and that they won’t renegotiate the agreed-upon price of $54.20 per share. 

Vijaya Gadde, Twitter’s top lawyer and head of policy, also told workers at an all-hands meeting that there is “no such thing as a deal being on hold,” according to people who attended the meeting. She was pushing back on claims from Musk over the past week that he is pausing the deal while he learns more about the number of bots and

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 20 2022 | 8:16 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com