Tesla Founder and CEO Elon Must has struck a deal to purchase Twitter for $44 billion, which translates into $54.20 per share that the world’s richest man will pay to owners.
In a tweeted statement after the deal was announced, Musk said “free speech is the bedrock of functioning democracy and Twitter is the digital town square where matters vital to the future of humanity are debated.”
Elon Must mounted a hostile takeover bid of Twitter earlier this month against which the then board of the company fought to avert. But in the end, shareholders caved in and approved the sale.
Stay tuned to DNT for more on this developing story.
DNT ews.
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