Elon Musk on April 14, proposed to buy Twitter and the board of directors of the company unanimously accepted his buyout offer of $44 billion
By Kehinde Okeowo
A few days after American billionaire, Elon Musk acquired Twitter from the co-founder of the company, Jack Dorsey, Nigerian celebrity barman, Cubana Chief Priest, said he and some other Nigerian billionaires are preparing to buy the company from the world’s richest man.
TheNiche had initially reported that Jack Dorsey after selling the microblogging app to Elon Musk, justified his decision by saying he sold the company to save it from the powerful and influential American businessmen on Wall Street.
Cubana Chief Priest took to his Twitter handle to claim that he and some billionaires from the South-East of Nigeria have submitted a bid worth $70B to the new owner to buy the company from him.
ALSO READ: Jack Dorsey reveals he sold Twitter to take it from Wall Street
He tweeted, “We are making progress on submitting our offer to acquire Twitter from Elon Musk, with $70B. Billionaires from the East comprising myself, Obi and E-Money and the rest, we are coming.”
On April 14, 2022, business magnate Elon Musk proposed to buy out Twitter, Inc., for $43 billion, after previously acquiring 9.1% of the company’s stock for $2.64 billion, becoming its largest single shareholder.
On Monday, Twitter’s board of directors unanimously accepted Musk’s buyout offer of $44 billion, with the company set to be privatized. As of April 2022, the acquisition is pending approval from regulators and shareholders.