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On April 14, Musk made an unsolicited offer to purchase the company, to which Twitter's board responded with a "poison pill" strategy to resist a hostile takeover before unanimously accepting Musk's buyout offer of $44 billion on April 25. Musk stated that he planned to introduce new features to the platform, make its algorithms open-source ...
Elon Musk has purchased Twitter, ending a monthslong saga over whether or not he would go through with his offer to acquire the social media platform. WSJ takes an inside look at the tweets, texts ...
(Reuters) - Elon Musk completed his $44 billion acquisition of Twitter Inc late on Thursday and his first move was to fire the social media company's top leadership which he accused of misleading ...
Tesla CEO Elon Musk's $44 billion purchase of Twitter has been followed by a series of chaotic events for the social media platform, including the workforce being slashed by 80% and the ...
Elon Musk to Acquire Twitter in Massive $44 Billion Buyout. ... Musk has secured $25.5 billion of fully committed debt and margin loan financing and is providing an approximate $21 billion equity ...
Twitter announced on Monday that it has entered into a deal to be acquired by Tesla CEO Elon Musk for $44 billion.Twitter shareholders will receive $54.20 per share, and when the deal is finalized ...
The social media company approved the billionaire and avid Twitter user's $44-billion bid after 11 days of back and forth ... Elon Musk's bid to buy Twitter and take the company private succeeded ...
Musk acquired Twitter for roughly $44 billion in October 2022. The lawsuit asks the court to ultimately order Musk to "pay disgorgement of his unjust enrichment" and to pay a civil penalty. The ...