Posted by tranced
Billionaire entrepreneur Elon Musk agreed to buy Twitter Inc. for $44 billion, using one of the biggest leveraged buyout deals in history to take private a 16-year-old social networking platform that has become a hub of public discourse and a flashpoint in the debate over online free speech.
Investors will receive $54.20 for each Twitter share they own, the company said in a statement Monday. The price is 38% more than the stock’s close on April 1, the last business day before Musk disclosed a significant stake in the company, sparking a share rally. Twitter shares were halted for the news.
Read more on Bloomberg Posted by goldenface
Was bound to happen and a lot of people will ditch this for something else now that this has happened. Greed. Greed. Greed and the lust for power, ruins everything.
Posted by tranced
I think he did this just to be able to edit tweets. Nothing else.
Posted by goldenface
That wouldn't be like the Twitter we know.
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