Elon Musk to Buy Twitter For $44 Billion

Elon Musk to Buy Twitter For $44 Billion

  • Twitter has accepted the world's richest man Elon Musk's bid to take over the social media company. It entered into a definitive agreement to be acquired by an entity wholly owned by Musk, for $54.20 per share in cash in a transaction valued at approximately $44 billion. Upon completion of the transaction, Twitter will become a privately held company.

Read More: Bloomberg

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