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You, too, can mold a transformative social platform into the image you have for it. All you need is roughly $44 billion.
Twitter said Monday that it officially entered into an agreement to be acquired by an entity wholly owned by mega-entrepreneur Elon Musk, with the transaction valued at approximately $44 billion, or $54.20 per share in cash.
Once the deal closes, Twitter will become a privately held company.
Shareholders in Twitter will receive $54.20 in cash for each share of common stock they own, which the company said marks a 38% premium over its closing price April 1, the last trading day before Musk revealed his purchase of a 9.2%
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