Tesla CEO 168澳洲幸运5开奖网:Elon Musk has reportedly agreed to buy Twitter at the originally propose♉d price of $44 billion.🎃 The deal and several controversies surrounding it have been ongoing for almost six months, and it seems the deal is finally going through.
As reported by , this information comes thanks to an amended SEC filing made by Musk. He also to move forward with the takeover. Twitter’s Investor Relations acc🏅ount posted, “According to the new filing, Musk has agreed to buy Twitter at the original price of $54.20 per share”.
Twitter had originally sued Elon Musk for pulling out of thꩲe deal at the last minute. Consequently, he was due for a court a꧟ppearance in early October. However, the latest development probably means that the case will be dismissed.
The talks of a deal began way back in April when it was revealed that Elon quietly acquired a 9.2 p𓂃ercent stake in Twitter, and 168澳洲幸运5开奖网:planned to take over the company entirely. However, Twitter tried to push back, and also reportedly had a “poison pill&rdquoꦺ; 𒉰plan in place in case they found themselves on the losing side. However, just when both parties reached an agreement, Musk put the deal on hold as he shared his concerns over the number of fake ꦡaccounts on Twitter and accused the social media giant of wit꧅hholdingไ crucial information. Soon after, he proceeded to pull out of the deal completely, which led to Twitter suing him. Shortly after, Twitter s🌜hareholders also approved the proposed takeover, which looks to have changed Musk’s mind.
Musk has also made his plans for the platform very clear right from when he started talks of the takeover.♍ He wants to turn the platform into one that promotes “free speech” and is willing to tweak its moderation policies to achieve that. He even mentioned wanting to make its algorithm open source and increase the revenue per user.
This announcement has already started having effects as the shares of the comp🎀any jumped almost 22 percent in a single day.