Billionaire Elon Musk has finally got what he wanted. After weeks of speculation, Twitter, late on Monday, announced that it has agreed to be acquired by Elon Musk in a buyout that’s approximately $44 billion. The acquisition, however, requires shareholder and regulatory approval.
Interestingly, in its statement, Twitter says that once the transaction is completed, the micro-blogging platform will become a privately held company.
Developing story…
The post Elon Musk, World’s Richest Man, to Buy Twitter: What This Means for Platform Users appeared first on MySmartPrice.
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