Twitter CEO Tells Employees Board Is Still Evaluating Musk Offer
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Twitter Inc. Chief Executive Officer Parag Agrawal told employees that the board is still evaluating Elon Musk’s offer to buy the company and take it private, according to people familiar with the matter.
At an all-hands meeting Thursday afternoon, staffers raised questions about potential scenarios, and Agrawal’s tone was neutral, said the people, who asked not to be identified because it was a private discussion. He didn’t indicate which direction the board was leaning, calling it a “rigorous process” to determine what was in the best interest of shareholders, they added.