The social media platform confirmed the news through a press release Monday afternoon.Once the transaction is completed, Twitter will become a privately held company.
Musk said last week that he had lined up $46.5 billion in financing to buy Twitter, putting pressure on the company’s board to negotiate a deal.Twitter shareholders will receive $54.20 in cash for each share, according to Monday's announcement. "Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated," said Musk.
Why don’t the shareholders have to approve this?
Just made a twitter account because of it!
Libs realizing freedom of speech will be protected and Trumps probably coming back
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