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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.
On Thursday night, Mr. Musk closed his $44 billion deal to buy the social media service, said three people with knowledge of the situation. He also began cleaning house, with at least four top...
Elon Musk has closed his $44bn deal to take Twitter private, bringing an end to one of the most high-profile and dramatic buyout sagas in recent memory after months of legal wrangling between...
Elon Musk struck a deal on Monday to buy Twitter for roughly $44 billion, in a victory by the world’s richest man to take over the influential social network frequented by world leaders,...
Elon Musk has completed his $44 billion acquisition of Twitter, the company confirmed in a securities filing Friday, putting the world’s richest man in charge of one of the world’s most...
Elon Musk became the new owner of Twitter on Monday, after completing a stunning $44 billion takeover of the social media platform, ending a process that has vacillated between a done deal and...
After building a stake in Twitter at the start of the year, Mr Musk made his $44bn offer in April, a price tag that looked too high almost as soon as it was agreed.
Elon Musk on Thursday closed the $44 billion deal announced in April to take Twitter Inc private and took ownership of the influential social media platform by firing top executives immediately.
Twitter has made its first $300mn interest payment on the $13bn of debt that Elon Musk used to buy the social media platform, according to people briefed on the matter. The company settled...
Mr. Musk, the world’s richest man, faces a Friday deadline to complete his purchase of Twitter, according to a judicial ruling. He is expected to attend a variety of meetings this week at the...