New SEC Filing Reveals Details of Musk’s Twitter Negotiations

New SEC Filing Reveals Details of Musk’s Twitter Negotiations
(L) Elon Musk speaks at the E3 gaming convention in Los Angeles on June 13, 2019. Jack Dorsey speaks at the Consensus 2018 blockchain technology conference in New York City on May 16, 2018. Mike Blake, Mike Segar/Reuters
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A new filing released by the Securities and Exchange Commission on May 17 revealed further details of Elon Musk’s $44 billion deal to take Twitter private, giving the public a more complete picture of the negotiations leading up to the acquisition.

The filing, submitted by Twitter Inc., describes a series of close negotiations between Musk and Twitter co-founder and former CEO Jack Dorsey, in which Dorsey appeared to encourage Musk in his takeover of the company.