- 25 Apr 2022 23:44
#15224175
Twitter accepts Elon Musk’s buyout deal
https://www.cnbc.com/2022/04/25/twitter ... -deal.html
https://www.cnbc.com/2022/04/25/twitter ... -deal.html
Twitter’s board accepted billionaire Elon Musk’s offer to buy the social media company and take it private, the company confirmed.
The announcement ends a weekslong saga Musk kicked off when he offered to buy the company at $54.20 per share, his “best and final.”
Twitter’s board sought to fend off a hostile takeover by adopting a so-called poison pill.