Elon Musk completes Twitter takeover and fires top executives

Summary by Ground News

Elon Musk on Thursday completed his $44 billion acquisition of Twitter, after months of dramatic attempts to renege. The deal gives Musk sole control of one of the most important global platforms for political speech and social discourse. His first move was to fire the social media company's top leadership which he accused of misleading him over the number of spam accounts on the platform.

Published 3 months ago · S F, United States

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Times of India

Elon Musk closes $44 billion Twitter Deal, ending monthslong saga

Shareholders will be paid $54.20 per share, and Twitter will now operate as a private company. The completion caps a convoluted saga that began in January with the billionaires quiet accumulation of a major stake in the company, his growing exasperation with how its run and an eventual merger accord that he later spent months trying to unravel.

3 months ago·Mumbai, India

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BBC News

Elon Musk takes control of Twitter in $44bn deal

The New York Stock Exchange says the merger is "effective" as the billionaire axes executives.

3 months ago·United Kingdom

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News18 India

Elon Musk Takes Over Twitter, Fires Parag Agrawal & Changes Bio to 'Chief Twit': Report

Hours before the takeover, Musk had issued a 'reassuring' message to Twitter advertisers emphasising that the site could not become a 'free-for-all hellscape'

3 months ago·India

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Reuters

Mr. Musk, Twitter takeover completed dismissal of CEO, etc. = people involved

[27th Reuters] - According to several stakeholders, US businessman Elon Musk completed the acquisition of US Twitter on the 27th. The acquisition amount is 44 billion dollars. Musk immediately fired the upper management of Twitter for providing misleading information about the number of Twitter spam accounts. Chief Executive Officer Parag Agrawal (CEO), Chief Financial Officer Ned Segal (CFO), and Mr. Vijaya Gadde, the person in charge of legal …

3 months ago·United Kingdom

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The Guardian

Elon Musk completes Twitter takeover and ‘fires top executives’

The $44bn deal will give world’s richest man control of social media platform with more than 230m users

3 months ago·London, United Kingdom

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CTV News

Elon Musk has taken control of Twitter and fired its top executives

Elon Musk has completed his US$44 billion deal to buy Twitter, a source familiar with the deal told CNN Thursday. Musk fired CEO Parag Agrawal and two other executives, according to two people familiar with the decision.

3 months ago·Toronto, Canada

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