Tesla billionaire Elon Musk has put a ring on it. This morning it was announced that social media platform and Silicon Valley darling Twitter has accepted his bid. The #TwitterTakeover is complete, with Musk paying $54.20 per share for a total price tag of $44 billion.
The news comes after Twitter’s failed attempt to defend itself with a poison pill approach and promises from current CEO Parag Agrawal, who insisted that the Board ‘wasn’t being held hostage by the offer’.
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