On Wednesday, Steve Bannon had a sit-down interview with OANN New York correspondent Caitlin Sinclair.
During the course of the interview, Steve Bannon said that he had been informed by reliable sources that Twitter had offered Elon Musk a price cut in exchange for his commitment to two conditions.
“Twitter came back and said, hey, we’ll actually knock a couple of billion dollars off the price if you commit to two things,” Bannon said.
The two conditions were as follows:
- Trump and other conservatives that were already banned should not be reinstated.
- The same management team will continue to be employed.
From Bannon’s perspective, Elon Musk basically told Twitter to go pound sand when presented with the two demands.
“My understanding is that Elon Musk was not prepared to do either one and said, NO, the deal is a deal,” Bannon said.
Watch the video below:
BREAKING: Sources tell Bannon Twitter gave @elonmusk 2 conditions
1.Trump & Conservatives remain off Twitter
2.Twitter staff remains the same
Musk said….. NO DEAL. pic.twitter.com/ze1jwPEl1l
— CaitlinSinclairTV (@CSinclairtv) October 5, 2022
According to the Wall Street Journal, “Representatives of Elon Musk and Twitter held unsuccessful talks about a possible price cut to his $44 billion deal to buy Twitter before he said he would buy the company on the agreement’s original terms, people familiar say.”
Representatives of Elon Musk and Twitter held unsuccessful talks about a possible price cut to his $44 billion deal to buy Twitter before he said he would buy the company on the agreement’s original terms, people familiar say https://t.co/qoYpMl1Qps
— The Wall Street Journal (@WSJ) October 6, 2022
On Tuesday, Elon Musk made headlines after he agreed to buy the social media giant Twitter for the original offer price of $54.20 a share, according to people familiar with the matter.
Trading of Twitter shares was halted Tuesday amid reports that Elon Musk is proposing to go ahead with his bid to buy the company for $54.20 a share. pic.twitter.com/XZXLuKXC7s
— The Recount (@therecount) October 4, 2022