Elon Musk closes $44 bln Twitter takeover

28/10/2022 Argaam

Elon Musk closes $44 bln Twitter takeover

Elon Musk

Elon Musk completed his $44 billion takeover of Twitter, after months of waffling, lawsuits, verbal mudslinging.

 

Parag Agrawal, Chief Financial Officer Ned Segal, and the firm's top legal and policy executive, Vijaya Gadde, are no longer with the company, according to The Washington Post.

 

Musk plans to assume the role of CEO at Twitter replacing Agrawal for now.

 

He tweeted "the bird is freed," in an apparent reference to the deal closing.

 

 

Twitter will be delisted from the New York Stock Exchange (NYSE) on Oct. 28.

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