BREAKING: Elon Musk will officially acquire Twitter for $44 billion, sources say the deal will be announced by the end of today.
Twitter Inc (TWTR.N) is poised to agree a sale to Elon Musk for around $43 billion in cash, the price the CEO of Tesla has called his “best and final” offer for the social media company, people familiar with the matter said.
Twitter may announce the $54.20-per-share deal later on Monday once its board has met to recommend the transaction to Twitter shareholders, the sources said, adding it was still possible the deal could collapse at the last minute.
Following his imminent takeover, Musk has insisted that he needs his worst critics to remain on the platform.
I hope that even my worst critics remain on Twitter, because that is what free speech means
