Thumbs at the ready: Musk strikes £35bn Twitter deal
The Independent|April 26, 2022
Entrepreneur's commitment to 'free speech' could see Trump return to platform
GRAEME MASSIE
Thumbs at the ready: Musk strikes £35bn Twitter deal

Twitter has announced that the social media company will be sold to Elon Musk for about $44bn (£35bn).

The Tesla CEO will pay $54.20 cash per share for the San Francisco-based platform, which will now be taken private after days of intense negotiations between the entrepreneur and the board.

“Twitter has a purpose and relevance that impacts the entire world. Deeply proud of our teams and inspired by the work that has never been more important,” said Parag Agrawal, Twitter's CEO.

The board announced it had reached a deal with Mr Musk yesterday, and that it represented a 38 per cent premium from Twitter's closing price on 1 April, the day before the world's richest person made his move for the company by announcing his 9 per cent stake.

هذه القصة مأخوذة من طبعة April 26, 2022 من The Independent.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة April 26, 2022 من The Independent.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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