After weeks of positions that seemed completely contradictory, and a surprise to many of us who followed the process, it seems that the board of Twitter and Elon Musk would be quite close to an agreement. Anyone would say that just a few days ago, social network officials decided to protect themselves from the takeover bid of the much-mentioned poisonous pill, and that Musk had committed himself to threatening to cut their salaries to zero if he took control. .

And that’s how we can read in Yahoo! Finance, The board met yesterday, Sunday to analyze Elon Musek’s proposal in detail. and after contacting him, they said the agreement could be very close. According to several related sources, a review of the economic conditions submitted by the billionaire to the SEC to prove his ability to pay for the purchase would be an element that led them to change their minds.

And that’s a little surprising, really, because of the activation of the poison pill this meant that they already took it for granted that the operation was economically feasible. The difference may be due to the fact that the total capital available to Musk, as evidenced by the documentation it submitted, is significantly higher than the amount initially increased, ie at the time the proposal was first increased. According to some analysts, Musk underestimated the value of Twitter with its first launch.

By being satisfied with the economic conditions of the offer, the Twitter board seems that the main stumbling block has already been resolved. However, as we were able to imagine and confirm these sourcespart of the negotiations is still ongoingin which they will have to define everything from the terms for the various stages of the purchase operation to the guarantees that will protect both parties if the other is unable or unwilling to complete the acquisition process.

At the moment, nothing is certain, we already know that even in its final phase, the acquisition process can derail and end up in nothing. However, the fact that Twitter’s board sees the agreement so close has contributed to Musk’s interest in taking control of the social network. There seem to be pretty clear signs that he will finish scoring on Ibottles of champagne will be uncorked and Musk will become a little less a billionaire, but in return he will become a Twitter owner.