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Benzinga
Benzinga
Business
Chris Katje

Elon Musk Takes Over Twitter: Who's In Charge, Who's Gone And What Happens To The Stock?

Elon Musk Donald Trump Parag Agrawal Vijaya Gadde Jack Dorsey Nasdaq

A highly anticipated takeover of a leading social media platform looks to be finalized Friday. Here’s what Twitter Inc (NYSE:TWTR) investors and fans of Tesla Inc (NASDAQ:TSLA) CEO Elon Musk should know.

The Acquisition: Musk is acquiring Twitter for $44 billion, or $54.20 per share, in a deal expected to be finalized Friday. Musk agreed to acquire the company back in April. After walking away and being sued by Twitter, Musk later agreed once again to acquire the social media platform for the same price.

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