Twitter confirms Musk’s buyout offer. The microblogging site on Tuesday said that the deal will close at the original price.
It all started in April when billionaire Elon Musk bought 100 per cent stake in Twitter for approx $44 billion, around $54.20 per share. Since then, a lot has happened with the Musk Twitter deal. In fact, Musk also tried to dismiss the deal, blaming Twitter for not sharing actual details of bots present on the platform. But after all the negotiations, Twitter has confirmed Musk’s buyout offer. The microblogging site on Tuesday said that the deal will close at the original price.
In a latest update, Musk on Tuesday offered to push through with the Twitter buyout deal at the original agreed price. Twitter also confirmed the buyout offer and said that it intends to close the buyout deal at the agreed price of $54.20 per share.
Since a lot has happened between Musk and Twitter in the recent months, here are the 5 latest developments in the deal, in no particular order.
