Reuters reported on Monday's sources that Twitter is preparing to approve the company's sale to billionaire Elon Musk, for about $ 43 billion in cash، It is the price that Tesla CEO described as his "best and last" offer to social media.
The sources said that Twitter might announce a $ 54.20 deal for the share later on Monday as soon as its board meets to recommend the deal to Twitter shareholders.
The sources added that the deal could always collapse at the last minute.
Masque, the richest person in the world according to Forbes statistics, negotiates Twitter in his personal capacity and does not participate in the deal.
Twitter shares increased by 4.5 % in pre-market transactions in New York on Monday at $ 51.15.
Masque said that Twitter needs to become private to grow and become a true platform for freedom of expression.
The deal will come just four days after the catch unveils a financing package to support the acquisition.
This led to the Twitter board taking the deal more seriously and many shareholders to demand that the company not allow the opportunity to escape the deal, Reuters reported on Sunday.