Twitter, Elon Musk Deal Could Be Announced Monday

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Twitter, Elon Musk Deal Could Be Announced Monday
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Twitter shares ticked up in premarket trading on Monday as the social-media company could be finalizing a deal to sell itself to Elon Musk as soon as Monday, people familiar with the matter say WSJWhatsNow

Twitter Inc.

is in advanced discussions to sell itself to Elon Musk and could finalize a deal Monday, people familiar with the matter said, a dramatic turn of events just 11 days after the billionaireThe two sides worked through the night to hash out a deal that would be valued at $54.20 a share, the people said. There are no guarantees they will reach one.

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