Anonymous sources indicate Twitter made a tender offer to purchase a company that shocked company analysts. Twitter has not released any comment since the leaked confidential deal got out online. Twitter has made an offer to purchase Truth Social.
Currently there is no estimated timeline or even understanding of how well received the purchase offer is. Some analysts believe its ideal timing due to still year lows the market is in, in terms of company valuations. There is no telling if that will hold for now or if this will be a matter of urgency to bolster twitter’s growth and profit potential.