featured
Twitter: Elon Musk Set To Complete Take-over Deal
Elon Musk has said he intends to proceed with his original $54.20 per share offer to acquire Twitter, the social media giant.
A letter filed with the U.S. Securities and Exchange Commission, SEC, showed Musk will follow through on the $44 billion acquisition pending the receipt of the deal’s debt financing.
Twitter had first accepted Musk’s offer in April this year.
The billionaire informed Twitter in July that he was planning to terminate the deal after alleging the company breached its obligations by misrepresenting the number of spam and fake accounts on the platform.
However, Twitter maintained that spam and fake accounts make up less than 5% of its users.
-
News3 weeks ago
Founder Of Popular Mama Cass Restaurants, Charis Onabowale Is Dead
-
Entertainment3 weeks ago
Actress Omotola Jalade-Ekeinde Shares Testimony After Life-threatening Health Scare
-
News3 weeks ago
FBI Arrest Notorious Nigerian Scammer Over $2.8 million Fraud
-
News3 weeks ago
WTO: ‘I am Deeply Honoured’ – Ngozi Okonjo-Iweala on Her Reappointment