Twitter accepts buyout, giving Elon Musk total control of the company

Posted on AllSides April 25th, 2022
From The Left
Illustration by Kristen Radtke / The Verge; Getty Images

Twitter has accepted Elon Musk’s offer to purchase the company for $44 billion, the company announced in a press release today. Musk purchased the company at $54.20 a share, the same price named in his initial offer on April 14th.

“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,” said Musk in a statement included with the release. “I also want to make Twitter better than ever by enhancing the product with new features, making...

Read full story
https://www.theverge.com/2022/4/25/23028323/elon-musk-twitter-offer-buyout-hostile-takeover-ownership

More News about Business from the Left, Center and Right

From the Left

From the Center

From the Right