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Twitter Announces Deal With Elon Musk

Posted on AllSides April 25th, 2022
From The Right
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Twitter announced late on Monday that it has entered a definitive agreement to be acquired by Elon Musk for $54.20 per share in a deal valued at $44 billion.

The transaction was unanimously approved by Twitter’s board and is expected to close this year subject to the approval of Twitter’s shareholders and other regulatory approvals.

“Under the terms of the agreement, Twitter stockholders will receive $54.20 in cash for each share of Twitter common stock that they own upon closing of the proposed transaction,” Twitter said in a statement. “The purchase price...

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https://www.dailywire.com/news/breaking-twitter-announces-deal-with-elon-musk

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