Twitter has been downsizing its workforce a lot, could it mean that we are seeing the eventual end of Twitter or are they preparing for a whomever buys them out does not have to get rid of the excess workers?
International Level: Politics 101 / Political Participation: 4 0.4%
Elon Musk offers to buy Twitter for $41.3 billion, saying company 'needs to be transformed'. Twitter said in a regulatory filing Thursday that Musk, who already owns about 9% of the social media company, sent a letter with a proposal to buy the remaining shares. Musk offered $54.20 per share of Twitter's stock, which comes out to $41.3 billion, and said that would be his final offer. Source 7z.
Elon Musk set to purchase Twitter in a deal worth $44 billion. The social media giant confirmed Monday the Tesla CEO and billionaire will acquire the company in a deal worth $44 billion. Once the deal is complete, Twitter will become a privately-held company. Source 1n.
Elon Musk's $44 billion deal to buy Twitter will move forward after months of legal battles, according to reports. Trading in shares of Twitter were halted on reports that Musk would proceed with his purchase of the company. A trial seeking to compel Musk to complete the sale is set for this month. Source 3y.