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According to the US “Washington Post”, citing sources, on the evening of the 27th local time, Tesla CEO Elon Musk’s $44 billion acquisition of Twitter has been completed, and he has gained control of the company. According to Bloomberg, according to the delisting notice from the New York Stock Exchange, Twitter will be delisted from the New York Stock Exchange on October 28, local time. On October 27, local time, Musk completed a $44 billion deal to take Twitter private and has taken charge of the company.
According to reports, four executives including Twitter CEO Parag Agrawal, CFO Ned Segal, and general counsel Sean Edgett have been fired by Musk and rushed out of the Twitter headquarters building, three people familiar with the matter said on the condition of anonymity. .
The move signals Musk’s intention to put his stamp on the world’s most influential social media company.
Musk plans to reduce Twitter’s 7,500 employees to more than 2,000 in the coming months, The Washington Post previously reported, citing people familiar with the matter and a document. But it was later denied by Musk, saying that he would not lay off 75% of the workforce.
Musk posted a video on Twitter on the 26th of himself holding a hand-washing sink into the Twitter headquarters, suggesting that the acquisition of Twitter is a foregone conclusion.
Source: China News Service
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