Elon Musk formally purchases Twitter

Replace, 11:54 am PDT: Twitter declared in a information bulletin that it “has entered right into a definitive settlement to be acquired by an entity wholly owned by Elon Musk, for $54.20 for each share in funds in a transaction valued at round $44 billion. Upon completion of the transaction, Twitter will flip right into a privately held group.”

Twitter claims the transaction “is anticipated to close in 2022” subject material to stockholder and regulatory approval.

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