October 28, 2022
Elon Musk Acquired
Twitter
Elon Musk
completed $44 billion acquisition of Twitter, according to US media and investors in the company.
Learn more
He tweeted,
"the bird is freed,"
apparently referring to the deal.
A number of top officials have reportedly been laid off namely Twitter CEO,
Parag Agrawal.
Other names includes financial officer
Ned Segal,
and the firm's top legal and policy executive,
Vijaya Gadde,
are no longer with the company.
He had
accused them
of misleading him and his Twitter investors about the number of fake accounts on social media platforms.
Reportedly, shareholders will be paid
$54.20 per share
, and Twitter will now operate as a private company.
Learn more
$44 billion
acquisition is the culmination of an amazing story full of twists and turns that cast doubt on Musk's ability to complete the acquisition.
More crypto stories...