Elon Musk Officially Closes Twitter Acquisition, CNBC Reports

Tesla CEO Elon Musk (TSLA) has closed a deal to buy social media platform Twitter (TWTR). CNBC reports

The deal, which was first announced in April, faced many obstacles along the way Including Musk’s concerns about the number of spambots on Twitter.

But earlier this month Musk offered to go ahead with the deal again at the same previously agreed price of $44 billion, or $54.20 per share. According to a letter from Musk’s attorney to Twitter’s attorney, it also filed with the SEC.

Parag Agrawal, CEO of Twitter and Ned Segal, Chief Financial Officer Has been removed from the San Francisco headquarters and will not return to office. The source said Vijaya Gadde, head of legal policy. was also fired. According to a report fromAshington Post

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