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Elon Musk Twitter: Amid takeover battle, know how was Twitter formed | Master Stroke
Billionaire Tesla CEO Elon Musk reaches a deal to acquire Twitter for approximately $44 billion on Monday. The deal was approved by the company’s board and is expected to be completed by the end of 2022, as per a Bloomberg report.
Investors will receive $54.20 for each Twitter share they own, the company said in a statement on Monday.
The Twitter takeover deal comes a few weeks after Musk’s emergence as the platform’s largest shareholder on April 4. Musk declared his intentions of buying the microblogging platform in a $43 billion takeover bid on April 14. Here's all you need to know about Twitter's formation.
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