Elon Musk to Acquire Twitter (TWTR)

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Go back to Elon Musk to Acquire Twitter (TWTR)

Elon Musk to Acquire Twitter

April 25, 2022 2:50 PM EDT

SAN FRANCISCO, April 25, 2022 /PRNewswire/ -- Twitter, Inc. (NYSE: TWTR) today announced that it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon Musk, for $54.20 per share in cash in a transaction valued at approximately $44 billion. Upon completion of the transaction, Twitter will become a privately held company.

Under the terms of the agreement, Twitter stockholders will receive $54.20 in cash for each share of Twitter common stock that they own upon closing of... More