Win? Hardly. TWTR stock is $14/share lower than his bid!
He knew that when he made the initial offer. The point was to checkmate the board because it legally couldn’t recommend against the acquisition since the initial offer was offering a sizeable profit to shareholders per share. Twitter has a fidicuiary responsibility to act in the best interests of its shareholders so Musk’s offering allows him to negotiate on HIS terms. Twitter’s Board coming out with this now shows that they buckled. It’s Game. Set. Match. Musk now holds the cards.