Twitter’s Board agreed to Sell the Social Network to Elon Musk for $44 billion

The board of Twitter has agreed to sell the social network to billionaire Elon Musk for $44 billion or $54.20 per share, which is nearly 38% above the closing price of Twitter shares on the 1st of April - before Musk revealed that he had bought about a 9 percent stake in social media.

Elon Musk buys Twitter for $44B and takes it private

Elon Musk reached an agreement to buy Twitter for roughly $44 billion on Monday, promising a more lenient touch to policing content on the social media platform where he, the world's richest person, promotes his interests, attacks critics and opines on a wide range of issues to more than 83 million followers.

Twitter reexamining Musk’s takeover offer: report

Twitter is reconsidering Elon Musk's buyout proposal, with discussions between the two camps ongoing Sunday, The Wall Street Journal reported, after the billionaire said Thursday he had secured the necessary funding.

"Twitter is taking a fresh look at the offer and is more likely than before to seek to negotiate," the business daily reported, citing sources familiar with the matter.