After months of procrastination, the billionaire finally acquired the social network at the initially agreed price of $ 44 billion. His first action was to return the boss, Parag Agrawal, and two other leaders.
Le Monde with AFP
Twitter is now officially in the hands of Elon Musk, the boss of Tesla and SpaceX, who concluded Thursday October 27, the acquisition of the social network for $ 44 billion.
After months of a saga with twists and turns, the richest man in the world immediately dismissed the boss Parag Agrawal and two other leaders, the financial director Ned Segal and the head of legal affairs Vijaya Gadde, according to sources Anonymous of washington Post. Twitter did not respond to a request from the agency France-Presse (AFP) in the immediate future.
Elon Musk had until Friday to conclude the acquisition of the social network, failing which a trial would have taken place in November. The operation has been dragging since the announcement at the end of April from an acquisition offer reluctantly accepted by Twitter. The entrepreneur sought to extract himself unilaterally in early July, accusing the company of having lied to him, but the board of directors of the company seized justice.
“Chief Twit”
At the beginning of the month, a few days before the opening of a trial that Twitter seemed to be off to win, Elon Musk finally proposed to conclude the transaction at the initially agreed price.
The signs that the operation was going to take place in the time allocated by the courts had multiplied this week. The richest man in the world notably went to the siege of Twitter in San Francisco on Wednesday and renamed “Chief Twit” on his profile – “Twit” wanting to say “Cretin” in English. And the New York Stock Exchange, where Twitter is listed, said that the company’s action would be suspended Friday before the session is opened.