The world’s richest man, Elon Musk, has completed a $44 billion deal to acquire ownership of a social media platform, Twitter.
Confirming the takeover, Musk tweeted:
“The bird is freed”.
It was learnt that upon taking over, he sacked a number of top officials, including the company’s CEO, Parag Agrawal, as well as its CFO and director of safety.
The closure of the deal brings to a close a saga a long and drawn out back-and-forth between the billionaire and the social network. that saw Twitter go to court to hold the multi-billionaire to the terms of a takeover deal that he had attempted to escape.