On April 26, according to foreign media reports, after two weeks, Musk's acquisition of Twitter was finally settled. On Monday, local time, social media giant Twitter announced that the company's board of directors has accepted musk's offer to buy, agreeing to sell at $54.2 per share, for a total price of $44 billion.
It is reported that Twitter has reached a final acquisition agreement with Musk, and the transaction value is about $44 billion. After the transaction is completed, Twitter will no longer be listed on the New York Stock Exchange, but will become a privately held company. In addition, the offer of $54.2 per share is a 38% premium to Twitter's closing price on April 1, 2022.
The transaction is expected to close in 2022, although it will still require approval from Twitter shareholders, regulators and other conditions to meet the transaction conditions.
In response, Musk immediately forwarded the relevant statement, shouting "Yesss!!!" Express excitement.
He said in the statement that the Twitter platform will be made better by a variety of measures, including developing new features to enhance products, making back-end algorithms open source, increasing external trust, while cracking down on bots that publish spam posts, real-name authentication, etc. In addition, he added: "I will not delete the most harsh words that scold me, because this is the true meaning of free speech." ”
After the news broke, Twitter shares closed up 5.64%. However, Tesla's side is the opposite, Tesla stock fell more than 2% intraday, and finally closed at $998.02 per share, down 0.7%.
In addition, Musk said on Twitter on the same day that he hopes the company can continue to provide a platform for people to express different opinions. Musk also said he hopes to make Twitter's algorithm public to make transparent the specific logic of content recommendation and blocking.
As for the whereabouts of former US President Trump's relevant accounts, as of now, Musk has not publicly expressed whether he will restore former President Trump's Twitter accounts after the acquisition of Twitter. Trump, however, said that even if the Twitter account is restored, it will not use the platform. After the Capitol Hill riots on January 6, 2021, Twitter immediately banned Trump's account.
In this regard, some netizens said: "Musk's $44 billion acquisition of the entire Twitter will become Musk's personal private company." Too willful, the tweet was deleted, angry acquisition", "disobey, the old horse is really the king of all fields", "Trump: my heart has been broken, self-esteem is nothing, can not look back! "Twitter's old shareholders sold for a good price." The old horse did not expect to return the cost. Most people live to live better, he fulfills his childhood dream of living to change the world", "then recover, the next second with you believe it or not"...
Source of material for this article: TechWeb
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