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Is Twitter resisting Musk’s takeover? Billionaire’s new tweet sparks speculation


Billionaire Elon Musk posted an interesting tweet. The tweet, devoid of words, is just a cartoon featuring what appears to be Elon Musk’s caricature and the iconic blue bird that is Twitter’s emblem.

The tweet shows Elon Musk opening the cage door that previously appeared to confine the blue bird. The door to freedom is open but the bird seems surprised, scared and well inside the cage, apparently not wanting to come out. While a cartoon can have many interpretations, the one posted by Elon Musk almost gives the impression that despite his best efforts to free the Twitter bird, the scared bird itself is dragging its feet.

Elon Musk has offered to acquire Twitter for $44 billion. The process is not yet complete. When Musk made the offer some time ago, it was reported that Twitter wanted to adopt the “poison pill” strategy to prevent the takeover. Such an effort seems to have been abandoned as of now. Former Twitter CEO Jack Dorsey had expressed his dissatisfaction with this strategy.

Musk had announced on Twitter that his deal to acquire a social media platform was “temporarily on hold” while he sought more information on the proportion of fake accounts on the microblogging site.

Read also | Twitter rejects resignation of Musk ally Durban after shareholders block his re-election

This was not the last twist of the story. Just two days ago, Twitter shareholders blocked the re-election of Egon Durban to Twitter’s board. Durban is considered an ally of Elon Musk.

However, Twitter has now said in a filing that it will not accept Durban’s resignation.

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