On Thursday, Elon Musk will address Twitter employees for the first time since April’s launch of his bid for $44bn (PS36.2bn for the company).
Expect the multi-billionaire Tesla CEO to answer questions from workers on Twitter at the meeting.
Musk warned that he could end the deal if the company fails to disclose data on fake accounts.
Parag Agrawal, Twitter’s chief executive, announced the event in an email to employees on Monday.
Employees were told by Mr Agrawal that they could ask Mr Musk questions in advance.
A spokesperson for Twitter confirmed the news to BBC after it was reported first by Business Insider.
This will be Musk’s first direct contact with employees since launching his takeover bid.
He threatened to walk out of the deal earlier this month and accused the social media company “thwarting his requests to learn more information about its users”.
Musk stated in a letter to regulators that he is entitled to measure spam accounts.
The letter ended a dispute that had been simmering for weeks after he put the deal “on hold” while awaiting further information.
Analysts believe that Musk may be trying to negotiate the price or walk away from the deal. They claimed that Musk’s decision to bring up the issue on social media was unusual, which made it difficult to determine how serious he was.
Musk responded to Mr Agrawal’s defense of the company’s process of identifying fake accounts through a series tweets.
At Monday’s close of New York trading, the company’s shares were at $37.03 each. This is well below Musk’s $54.20 offer price.
This may be a good option for you:
