The head of Twitter hopes to close the deal with Musk but does not rule out others

The CEO of Twitter, Parag Agrawal, is confident that the social network purchase agreement will come to fruition, but does not rule out other "scenarios", as he writes in a series of messages in which he scrupulously avoided naming billionaire Elon Musk .

The head of Twitter hopes to close the deal with Musk but does not rule out others

The CEO of Twitter, Parag Agrawal, is confident that the social network purchase agreement will come to fruition, but does not rule out other "scenarios", as he writes in a series of messages in which he scrupulously avoided naming billionaire Elon Musk .

His comments come after the founder of Tesla put investors on edge by reporting that he was temporarily suspending the purchase of the platform, which he announced for about 44,000 million dollars, and rectified shortly after indicating that he remained committed to its acquisition.

"Although I hope the deal closes, we need to be prepared for all scenarios and always do the right thing for Twitter," the chief executive summed up on his social network account, adding that "regardless of (who owns)" , your team will work to offer a good "product and business".

"People have also asked: why manage costs now and not after (the deal) closes? Our sector is in a very difficult macroeconomic environment. I will not use the (Musk purchase) deal as an excuse to avoid make important decisions for the health of the company, nor will any leader at Twitter," he said.

Following the announcement of the Musk purchase, expected to close later this year if approved by regulators, Twitter co-founder Jack Dorsey publicly placed his trust in both the billionaire and the current CEO to run the company. social network.

Twitter shares plummeted nearly 20% this morning after Musk's initial doubts about the deal and moderated their fall after he rectified it, but they closed the day with a cut of more than 9%.


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