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Twitter have agreed to be taken over at $54.20/share, a 38 percent over the share price when it was revealed that Mr. Musk had been buying up the company’s stock.
Elon Musk had a deal on Monday to buy Twitter for roughly $44 billion, in a victory by the world’s richest man to take over the influential social network frequented by world leaders, celebrities and cultural trendsetters.
The deal, which has been unanimously approved by Twitter’s board, is expected to close this year, subject to a vote of Twitter shareholders and certain regulatory approvals.
He has received congratulatory message from another Twitter User:
