Elon Musk and Twitter closed a deal on Thursday with Musk purchasing the social media company for roughly $44 billion or $54.20 per share. The Musk-Twitter deal has been in the works for months and almost fell apart a couple of times during the tumultuous negotiations.
A video posted to Musk’s Twitter account shows him carrying a sink into Twitter’s San Francisco headquarters on Wednesday, a day ahead of the court-ordered deadline for the two parties to finalize Musk’s purchase of the company. “Let that sink in,” Musk wrote on Twitter with the video.
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Amid Musk’s takeover of Twitter, he fired CEO Parag Agrawal, CFO Ned Segal, and the Head of Trust, Safety, and Legal Vijaya Gadde, who has been the main source of the censorship that led Musk to the decision to take the company private. Sources told CNBC, “Twitter CEO Parag Agrawal and finance chief Ned Segal have left the company’s San Francisco headquarters and will not be returning.”
Musk was seen at Twitter’s headquarters this week talking with employees in the cafe. A meeting with the full staff is expected today. As for the lawsuit that Twitter filed, it will be dismissed now that an agreement has been reached.