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The big questions about what happens next in Elon Musk’s bid for Twitter.



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Elon Musk offered to buy Twitter last week for roughly $43 billion.Credit…Ryan Lash/Agence France-Presse, Ted Conferences, via Getty ImagesOver the holiday weekend, Twitter’s board put in place a poison pill provision in an effort to block Elon Musk, who wants to buy the social media platform. The maneuver, which would make it more difficult and expensive for Mr. Musk to acquire shares without the approval of the board, will give Twitter’s management time to assess the offer and potentially invite other buyers via a sale process.At least one private equity firm, Thoma Bravo, is interested, though it’s unclear whether that will result in a formal offer. There are also other actions Mr. Musk can take to outmaneuver Twitter’s reluctant board. Twitter’s stock was up more than 2 percent premarket ahead of the first trading session since the poison pill was announced.In the meantime, the DealBook newsletter discussed some of the major questions that remain about Mr. Musk’s pursuit of Twitter:Will Mr. Musk go hostile?He appears to be threatening it; at least, that’s what his tweet quoting Elvis Presley’s “Love Me Tender” seems to imply. In a tender offer, also known as a hostile bid, Mr. Musk …

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