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April 18, 2023 at 9:21 AM. Tesla CEO Elon Musk's $44 billion purchase of Twitter ( TWTR) has been followed by a series of chaotic events for the social media platform, including the workforce ...
The same day, Twitter filed new documents with the SEC, including a detailed timeline of Musk's purchase, and affirmed they would "enforce the merger agreement" regardless of Musk's actions. On May 25, Musk abandoned plans to partially fund the deal through margin loans against Tesla stock, instead opting to pledge an additional $6.25 billion ...
Elon Musk has purchased Twitter, ending a monthslong saga over whether or not he would go through with his offer to acquire the social media platform. WSJ takes an inside look at the tweets, texts ...
Elon Musk threatened Monday to call off his $44 billion acquisition of Twitter, accusing the company of refusing to give him information about spam bot accounts.
Elon Musk completed his acquisition of Twitter in October 2022; Musk acted as CEO of Twitter until June 2023 when he was succeeded by Linda Yaccarino. Under Musk, Twitter was rebranded to X. It is one of the top social media platforms and the seventh-most visited website in the world.
On July 12, Twitter opened a lawsuit against Musk to force the sale to proceed. On September 13, 2022, Twitter shareholders voted to approve Elon Musk's takeover of the company. On October 4, 2022, it was reported that Musk offered to proceed with the deal at the original offer price of $54.20 per share.
A judge’s ruling on Tuesday granting Twitter fast-tracked litigation against Tesla CEO Elon Musk offers clues about its broader case to block him from reneging on his $44 billion contract to buy ...
Business magnate Elon Musk initiated an acquisition of American social media company Twitter, Inc. on April 14, 2022, and concluded it on October 28, 2022. Musk stated he intended to buy Twitter to build X, an "everything app" he had been developing since 2018 to mimic the Chinese app WeChat.
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