Published on 26 Apr 2022 on Reuters via Yahoo Finance
From weed joke to agreed deal: Inside Musk's $44 billion Twitter buyout
By Krystal Hu and Anirban Sen
(Reuters) - Twitter Inc and its advisers were not sure at first how seriously to take him.
Elon Musk's $54.20-per-share offer price for the social media company on April 14 contained the digits 420, a reference to a trope for smoking marijuana. Financing documents he submitted last week in support of his bid were signed on April 20, abbreviated as 4/20.