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The business magnate Elon Musk initiated an acquisition of American social media company Twitter, Inc. on April 14, 2022, and concluded it on October 27, 2022. Musk had begun buying shares of the company in January 2022, becoming its largest shareholder by April with a 9.1 percent ownership stake.
Twitter's board has a tough needle to thread amid Elon Musk's huge buyout offer. One wrong step could send shares reeling. Twitter stock could crash 20% if board rejects Elon Musk's offer: analyst ...
Elon Musk paid $54.20 per share for Twitter when he completed his acquisition on Oct. 28, 2022. ... meaning it cannot be valued on the public market by simply looking at its stock price and ...
How much did Elon Musk pay to buy Twitter (X)? Musk's purchase of Twitter stock before his announcement to acquire the company involved buying shares at prevailing market prices over a period.
The Securities and Exchange Commission sued Elon Musk in federal court on Tuesday for allegedly misleading shareholders when he bought hundreds of millions of dollars worth of Twitter stock in ...
Pressure on Tesla stock, a volatile market, and deal financing issues suggest Musk has got "cold feet," Wedbush analyst Dan Ives said Monday. Elon Musk put his $44 billion Twitter buyout 'on hold.'