Billionaire, Elon Musk, has reached an settlement to purchase Twitter for approximately $44 billion, the company has confirmed.
Musk acquired the company at $54.20 a share, the identical value named in his preliminary offer on April 14.
Musk mentioned in a press release included with the release:
“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where issues very important to the way forward for humanity are debated,”
“I additionally need to make Twitter better than ever by enhancing the product with new options, making the algorithms open source to extend belief, defeating the spambots, and authenticating all people.”
Twitter CEO, Parag Agrawal, talking on the deal, added:
“Twitter has a function and relevance that impacts the whole world.
“Deeply pleased with our groups and inspired by the work that has by no means been more necessary.”
Somebody ought to really feel this man, he’s actually sizzling!!🔥🔥
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