Elon Musk Takes Control of Twitter in $44bn Deal

Date: 28 October 2022 - 22:33

News ID: ۱۰۸۳۲۲

WASHINGTON (Dispatches) - The world’s richest man, Elon Musk, has completed his $44bn takeover of Twitter, according to a filing with the U.S. government.
Musk tweeted “the bird is freed” and later said “let the good times roll”.
A number of top executives, including the boss, Parag Agrawal, have reportedly been fired.
Agrawal and two other executives were escorted out of Twitter’s San Francisco headquarters on Thursday evening, said Reuters.
The completion of the deal brings to an end months of legal wrangling but it has prompted questions over the platform’s future direction.
A filing was made with the U.S. Securities and Exchange Commission on Thursday, confirming the takeover.
The New York Stock Exchange said on Friday that trading in Twitter’s shares had been suspended, giving the reason as “merger effective”.