Blog: Business Magnate Elon Musk Acquires Tweeter

Business Magnate Elon Musk Acquires Tweeter

On April 14, 2022, business magnate Elon Musk proposed to purchase social media company Twitter, Inc. for $43 billion, after previously acquiring 9.1 percent of the company's stock for $2.64 billion, becoming its largest shareholder. Twitter had then invited Musk to join their board of directors, which Musk accepted before changing his mind. In response to Musk's proposal, Twitter announced a "poison pill" strategy the next day to allow shareholders to purchase additional stock in the event a buyout should occur. On April 25, Twitter's board of directors unanimously accepted Musk's buyout offer of $44 billion, which would make him the company's sole owner. As of April 2022, Elon Musk announced an offer to buy Twitter for $54.20 a share. On April 25th, Twitter accepted the deal.


20 Jan

Award Winning Css Design Website For Jan 2023

Your browser doesn't support video. Please download the file: video/mp4 Website Of The Day 19 January 2023 The Fabulous World of Dior by Bien-Fondé https://www.cssdesignawards.com/sites/the-fabulous-world-of-dior/42686 Embark on an incredible journey into the captivating world ...

01 Oct

Happy Independence Day Nigeria

Today doubles as Nigeria independence and birthday to our CEO. We here at Dannimations celebrate you and the country as a whole. May God bless you Sir, bless Nigeria and every other October 1st Celebrant. Happy birthday and happy independence day from us in Dannimations TMp

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