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Elon Musk buys Twitter

By Stuttgarter Zeitung und Stuttgarter Nachrichten (Glomex) 26 April 2022 0 Views
Source: Stuttgarter Zeitung und Stuttgarter Nachrichten (Glomex)

Twitter has abandoned its resistance to a takeover by tech billionaire Elon Musk. The online service said Monday that it has reached an agreement with Musk on a deal. Twitter is to be delisted from the stock market after that. The price remains at the $54.20 per share Musk offered from the start. Now it is up to Twitter's shareholders whether to accept the offer.

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