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Musk Strikes US$44B Twitter Deal

Source: Craig Lord Global News, April 26, 2022

Last week, the deal appeared uncertain.

Elon Musk’s US$44-billion bid to buy Twitter and take the social media company private has been accepted by its board of directors, the company announced Monday.

The deal, which will see Musk pay US$54.20 in cash per share, still requires shareholder and regulatory approval but is expected to close later this year.

Read the full story here…

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