Twitter Accepts Elon Musk’s $44 Billion Buyout Offer
Twitter Inc (NASDAQ:TWTR) announced Monday that it had accepted Elon Musk’s offer to buy the social media platform for $44 billion. Although many users protested the acquisition, Musk said the deal would not affect the company or its policies. Offer AcceptedIn a press release, according to Reuters, Twitter reported it has reached a definitive agreement to be acquired by billionaire Elon Musk, under which the company’s shareholders will receive $54.20 in cash for each share they own. Q1 2022 hedge fund letters, conferences and more “The purchase price represents a 38% premium to the closing pri...