Elon Musk bought Twitter but who sold it

in #elonmusk3 years ago

Twitter's board at first enacted an anti-takeover measure known as a poison pill. But when Elon Musk outlined the financial commitments he'd lined up to back his offer of $46.5 billion — and no other bidders emerged — the board opened negotiations with him.
Billionaire Elon Musk has reached an agreement to acquire Twitter for approximately $44 billion, the company said. The outspoken Tesla CEO, the world's wealthiest person, has said he wants to buy Twitter because he thinks it's not living up to its potential as a platform for "free speech."Twitter said it will become a privately held company after the sale is closed.

"Twitter has a purpose and relevance that impacts the entire world," its CEO Parag Agrawal said in a tweet. "Deeply proud of our teams and inspired by the work that has never been more important," Agrawal said.

Coin Marketplace

STEEM 0.15
TRX 0.25
JST 0.032
BTC 94291.88
ETH 1803.17
USDT 1.00
SBD 0.84