Twitter Agrees To Be Purchased By Elon Musk

On Monday, Twitter agreed to be acquired by Elon Musk for $54.20 per share, or approximately $44 billion. “The two sides worked through the night to hash out a deal that would be valued at $54.20 a share, or $44 billion,” The Wall Street Journal reported. “Twitter had been expected to rebuff the offer, which Mr. Musk made April 14 without saying how he would pay for it, and put in place a so-called poison pill to block him from increasing his stake. But after [Musk] disclosed that he has $46.5 billion in financing and the stock market swooned, Twitter changed its posture and opened


