Twitter Inc. will hold an all-hands meeting with employees at 2 p.m. Pacific Time Thursday, to discuss Elon Musk’s unsolicited bid for the company, CNBC Anchor Carl Quintanilla tweeted, citing an unnamed source. Tesla Inc. CEO Musk earlier offered to buy the entire company at a valuation of more than $43 billion and to transform it into the world’s “platform for free speech.” The news sent Twitter shares up sharply premarket, but it quickly pulled back from its highs. Media reports suggest Twitter employees are less than pleased with the news and were unhappy when Musk first announced he had purchased 9.1% of the shares outstanding in April.
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