Elon Musk's dream of buying Twitter, the world's richest person, has come true. The company's board approved the sale by accepting Elon Musk's offer.
Twitter, one of the largest social media companies in the world, is now sold out. It has been bought by the world's famous rich person Elon Musk for $ 44 billion.
Elon Musk bought a 9% stake in Twitter some time ago. Now Elon Musk has acquired 100% stake in Twitter Inc. He has bought the Twitter company at the rate of $ 54.20 per share.
For the past few weeks, the Twitter company was considering Elon Musk's offer on Elon's offer. Now after getting the consent of the board, the company has now decided to sell Twitter.
The company's board chairman announced
Bret Taylor, chairman of Twitter's independent board, said: "The Twitter board has taken a serious view of Allen's proposal on value, certainty and financing.
After the agreement, all the shareholders of Twitter will get a good premium in cash, which will benefit the shareholders. We think this is a great opportunity for the shareholder of Twitter.
We are proud of our teams: Parag Agarwal
Twitter CEO Parag Aggarwal said, 'Twitter has a purpose and relevance that affects the entire world.
At the same time, the company's new owner Elon Musk said, 'Free speech has been a fundamental right of any democracy. Twitter is one such digital town, where various issues for the future of humanity are debated