On April 25, people familiar with the matter revealed that Twitter is reassessing the acquisition proposal of Tesla CEO Elon Musk, and twitter executives will meet with Musk on Sunday. At present, Twitter is increasingly willing to accept Musk’s $43 billion (equivalent to about 279.6 billion yuan) takeover offer.

People familiar with the matter said that Twitter was more open to discussing transactions as a whole than before. However, it should be noted that although Twitter has expressed its willingness to discuss the transaction, its board of directors initially opposed Musk’s proposal and formulated a shareholder equity plan called “poison pill” to resist potential hostile takeover, making it more difficult for any investor, including musk, to acquire more than 15% of twitter shares. A twitter spokesman declined to comment on the news.

It is reported that Twitter is still trying to estimate its value. Executives can also insist on providing guarantees, such as Musk’s “break-up” protection in the event of a deal failure. In addition, there is news that Twitter may indicate that it is open to other bidders or negotiate certain terms with musk. However, musk said he would not waver in his original proposal and would not adjust the acquisition offer of $54.20 per share.

For the acquisition of twitter, musk said he wanted to change twitter. Previously, musk had listed other changes he would make to improve the twitter user experience, including open-source twitter algorithms and making the platform more transparent.

It is worth mentioning that Twitter will release its earnings on Thursday, so the company’s executives can still discuss the deal earlier this week.