Elon Musk completes the purchase of Twitter and fires platform managers

Elon Muskfounder of Tesla and SpaceX, took control of Twitter after completing the purchase of the social network for 44,000 million dollars, according to several specialized media in the United States.

After months of intrigue, the world’s richest man immediately fired CEO Parag Agrawal, as well as CFO Ned Segal and General Counsel Vijaya Gadde, according to The Washington Post.

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Twitter did not immediately respond to an AFP request in this regard. Musk had until Friday, October 28, to close the purchase of the social network, otherwise a trial would have been held in November.

The operation had been going on since it launched a purchase offer for 44,000 million dollars at the end of April, which Twitter reluctantly accepted.

The billionaire then tried to unilaterally reverse the deal in early July, accusing the company of lying to him, but the social network’s board of directors took the matter to court. Until the signs that the operation was finally underway multiplied throughout the week.

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For example, the richest man in the world went to the company’s headquarters on Wednesday, and on his Twitter profile he changed his presentation to “Chief Twit”, an irony since “twit” means “cretin” in English.

In addition, the New York Stock Exchange, the stock exchange where Twitter is listed, indicated that the platform’s action would be suspended from trading on Friday before the opening of the session.

Source: Elcomercio

James

I have worked as a journalist for over 10 years and have written for various news outlets. I currently work as an author at 24 News Recorder, mostly covering entertainment news. I have a keen interest in the industry and enjoy writing about the latest news and gossip. I am also a member of the National Association of Journalists.