Partner in ‘The Deal’ on Musk-Twitter acquisition

BCLP Partner Kenneth Henderson was quoted Oct. 4 by The Deal concerning Elon Musk’s renewed offer to buy Twitter for $44 billion. It is unclear whether Twitter will accept the offer in light of the previous complications it faced along the way with this deal. Ken noted that he thought Twitter would accept the proposal and close the deal at the original price and terms. “It would be a very good outcome for Twitter but it will depend on what conditions Musk is demanding in order to proceed,” he said. “The parties will have to agree as to the status of the litigation going forward and Twitter will not want to have to start all over if Musk changes his mind again.”