Elon Musk Twitter acquisition

The development is an abrupt turn in the ongoing Musk-Twitter saga. Billionaire Elon Musk buys Twitter for 44 billion After a weeks-long saga that involved cryptic tweets doomsday fears and poison pills Elon Musk has bought Twitter.

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The transaction was unanimously approved by the Twitter board.

. Well after weeks of speculation it finally appears to be a deal. SAN FRANCISCO April 25 2022 PRNewswire -- Twitter Inc. Twitters board of directors agreed to sell the company to Tesla CEO Elon Musk climaxing the worlds richest persons quest to acquire his favorite social media platform and take it private. And that because Elon Musk is the worlds richest person already he can be trusted with not falling victim to some of the trappings of ensuring bottom lines and that Twitter delivers on its shareholders expectations.

Musk and Twitters board were close to a. Less than 2. Elon Musk struck a deal on Monday to buy Twitter for roughly 44 billion in a victory by the worlds richest man to take over the influential social network frequented by world leaders celebrities and cultural. In a real-life movie billionaire buying the place move Elon Musk is going to acquire Twitter.

Following nearly a month of back and forth Twitter has accepted Tesla chief Elon Musks acquisition offer. Elon Musk offered to buy Twitter for 5420 a share in a filing published Thursday saying the social media company needs to be transformed privately a little over a week after revealing a 91. Elon Musk on Thursday said he has lined up commitments worth 465 billion to finance a Twitter takeover deal one week after he first made a public offer to buy the social media company. The billionaire 50 acquired Twitter on Monday for approximately 44 billion or 5420 a share the social media platform announced.

For a price of around 44 billion dollars the Space X and Tesla head honcho will. Tesla boss Elon Musk has offered to buy Twitter saying he is the right person to unlock the social media platforms extraordinary potential. On April 14 2022 business magnate Elon Musk proposed to purchase social media company Twitter Inc for 43 billion after previously acquiring 91 of the companys stock for 264 billion becoming its largest single shareholder. Ingrid Lunden Taylor Hatmaker.

Twitter accepts Elon Musks 44B acquisition offer. Apr 26 2022 0037 AM IST. TWTR today announced that it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon Musk for 5420 per share in cash in a. The publicly traded social media platform has.

Twitter deal finalized Tesla chief Elon Musk to buy microblogging site for 44 Billion. Elon Musk to Acquire Twitter. In a surprising turn of events Elon Musk now looks set to become the sole proprietor of Twitter after Twitters board met on the weekend to vote on accepting his 44b takeover offer. 1152 AM PDT April 25 2022.

Elon Musk clinched a deal to buy Twitter for 44 billion on Monday in a transaction that will shift control of the social media platform populated by millions of users and global leaders to the worlds richest person. Elon Musk Buys Twitter For 44 Billion. In a surprise announcement Mr Musk said he would. Initially it seemed that Twitter would rebuke Musks bid even initiating a poison pill mitigation process to stop Musk from acquiring the company through a share buy-up.

In a release on the acquisition Musk said Free speech is the bedrock of a functioning democracy and Twitter is the digital town square where matters vital to the future of humanity are debated. Twitter had then invited Musk to join their board of directors which Musk acc. CNN Twitter has agreed to sell itself to Elon Musk in a deal valued at around 44 billion the company said Monday. Twitter has unanimously accepted Tesla CEO Elon Musks 44 billion offer to take the social media giant private.

The Tesla boss said he wants to make Twitter better than ever and that the social media platform has tremendous potential. Elon Musk is acquiring Twitter in a 44bn deal. In a story that has been developing over the last couple of weeks after back and forth of whether it was going to happen Elon Musk has finally bought Twitter. TWTR today announced that it has entered into a definitive agreement to be acquired by an entity.

Twitter said Monday it has agreed to sell itself to Elon Musk in a roughly 44 billion deal that has the potential to expand the billionaires business. Tesla CEO Elon Musk. Soon after the deal Musk vowed to encourage free speech. The deal caps off a whirlwind news cycle in which the Tesla and SpaceX CEO became one of Twitters largest shareholders was offered and turned down a seat on its board and bid to.

And that leads to the fears - The basis for Musks acquisition is that the current Twitter structure is not trustable. A Timeline of Elon Musks 44 billion Twitter acquisition deal.