As of: 10/28/2022 3:26 am
According to US media reports, US billionaire Elon Musk has completed the purchase of the short message service Twitter. The purchase price was therefore 44 billion US dollars. Several top managers are said to have been fired.
Among those laid off are the previous Twitter boss Parag Agrawal, CFO Ned Segal and chief lawyer Vijaya Gadde. Official confirmation of the deal is not expected until New York’s Wall Street opens.
A court-determined deadline by which the purchase had to be completed would have expired on Friday afternoon local time. Otherwise, the deal, which has been disputed for months, would still have gone to court.
More information coming soon.