According to sources familiar with the transaction, Twitter and Musk has officially closed on the billionaire’s deal to purchase the firm for $54.20 per share, or approximately $44 billion, on Thursday night, as per reports from WSJ, CNBC and other. Continue reading “Elon Musk takes over Twitter, reportedly fires CEO and CFO”
Elon Musk made his proposal to buy Twitter outright and delist it from the stock market the other week, and it appeared that the firm would kindly decline. However, it appears that it did some more thinking after a few days and has now officially stated that it is accepting Musk’s proposal. Continue reading “Elon Musk is set to buy Twitter in a $44 billion deal”
