Company agrees to billionaire's $54.20-per-share offer
Elon Musk's Twitter account is seen on a smartphone in front of the Twitter logo in this photo illustration taken on April 15, 2022. Dado Ruvic/Illustration/Reuters
Twitter’s board of directors has approved Elon Musk’s offer to purchase the social media firm and take it private in a transaction valued at about $44 billion, the company announced on April 25.
The company accepted the billionaire entrepreneur’s proposal of $54.20 per share in cash.
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
