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Briefing

Musk to Acquire Twitter, Company Confirms

By
Martin Peers
· · Source: The Information

Elon Musk will acquire Twitter for $44 billion, or $54.20, Twitter confirmed, sealing a deal just 12 days after Musk first proposed it. Twitter chair Bret Taylor said in a statement that the Twitter board “conducted a thoughtful and comprehensive process” to assess Musk’s offer. “We believe it is the best path forward for Twitter’s stockholders.” The board’s acceptance of Musk’s offer comes...

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