Elon Musk, Twitter reach agreement for sale of social media platform
Teslarati
APRIL 25, 2022
The purchase price represents a 38% premium to Twitter’s closing stock price on April 1, 2022 , which was the last trading day before Mr. Musk disclosed his approximately 9% stake in Twitter.” There are no financing conditions to the closing of the transaction. Musk has secured $25.5 Morgan, and Allen & Co.,
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