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Thursday, 13 April2023

Elon Musk accepts takeover offer from Twitter, giving him complete control of the company

Elon Musk accepts takeover offer from Twitter, giving him complete control of the company

<p>Twitter has accepted Elon Musk&#39;s offer to buy the firm for $44B, according to a press release issued today by the company. Musk paid $54.20 per share for the company, which was the same price he offered on April 14th. Twitter CEO Parag Agrawal praised the deal as well as said, &quot;Twitter has a purpose and relevance that touches the entire globe.&quot; In an SEC filing on Thursday, Musk outlined his finance strategy, which includes $25.5B in loans and $21B in personal equity.</p>

Read full story at The Verge
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