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Elon Musk Agrees to Buy Twitter in $44 Billion Deal

Posted on AllSides April 25th, 2022
From The Center
PHOTO: DAVID PAUL MORRIS/BLOOMBERG NEWS

Twitter Inc. on Monday accepted Elon Musk’s bid to take over the company, giving the world’s richest man control over the influential social-media network where he is also among its most powerful users.

The $44 billion deal marks the close of a dramatic courtship and a sharp change of heart at Twitter, where many executives and board members initially opposed Mr. Musk’s takeover approach. The deal has polarized Twitter employees, users and regulators over the power tech giants wield in determining the parameters of acceptable discourse on the internet and how those...

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https://www.wsj.com/articles/twitter-and-elon-musk-strike-deal-for-takeover-11650912837

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