Shares taken off stock exchange as world’s richest man completes deal to buy social media platform
The world’s richest man, Elon Musk, has completed his $44bn acquisition of Twitter, amid warnings from politicians and campaigners that hate speech on the platform must be held in check.
The social media group confirmed the deal in a brief filing on the New York Stock Exchange on Friday morning, disclosing the deal had closed the day before. Shares in the company have been suspended and will delist on 8 November, capping a chaotic saga that began when the billionaire first announced his plans to take the tech business private in April.
Shares taken off stock exchange as world’s richest man completes deal to buy social media platformThe world’s richest man, Elon Musk, has completed his $44bn acquisition of Twitter, amid warnings from politicians and campaigners that hate speech on the platform must be held in check.The social media group confirmed the deal in a brief filing on the New York Stock Exchange on Friday morning, disclosing the deal had closed the day before. Shares in the company have been suspended and will delist on 8 November, capping a chaotic saga that began when the billionaire first announced his plans to take the tech business private in April. Continue reading…
