New Delhi, April 11
Tesla chief Elon Musk has rejected Twitter Inc’s offer to join its Board, said Twitter CEO Parag Agrawal in a note posted on Sunday.
Musk was expected to join the Twitter Board on April 9 following his disclosure of a 9.2% ownership of Twitter shares, but the role would have capped his stake at 14.9%. With the rejection, Musk is free to raise his stake above that limit and even make an all-out bid for the social media giant. Musk responded with a face-with-hand-over-mouth emoticon on Twitter. —
Advertisement
×
Unlock Exclusive Insights with The Tribune Premium
Take your experience further with Premium access.
Thought-provoking Opinions, Expert Analysis, In-depth Insights and other Member Only Benefits
Combo
Yearly
Monthly
Already a Member? Sign In Now
Advertisement
Advertisement
Advertisement