Elon Musk to buy Twitter for $44 billion

INSUBCONTINENT EXCLUSIVE:
Elon Musk clinched a deal to buy Twitter Inc (TWTR.N) for $44 billion on Monday in a transaction that will shift control of the social media
platform populated by millions of users and global leaders to the world&s richest person, Reuters reported.Discussions over the deal, which
last week appeared uncertain, accelerated over the weekend after Musk wooed Twitter shareholders with financing details of his
offer.According to Reuters under pressure, Twitter started negotiating with Musk to buy the company at the proposed $54.20 per share
price.The deal ends Twitter&s run as a public company since its 2013 initial public offering.Free speech is the bedrock of a functioning
democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,& Musk said in a
statement.Twitter&s shares were up about 6% following the news, Reuters reported.The post Elon Musk to buy Twitter for $44 billion first
appeared on Ariana News.