REUTERS/Dado Ruvic
Bloomberg earlier revealed that Elon Musk agreed tofirst timeTwitter issued a statement shortly after the news that the set price of $54.20 per share went ahead with its acquisition of Twitter.Confirmation Announcement, and stated that “the company’s intention is to complete the transaction at a price of $54.20 per share.” If things can really develop smoothly in this direction, then the farce that has been going on for several months between the two sides is expected to end with a relatively good ending.
In fact, in mid-September, Twitter’s board of directors had voted to approve the acquisition, and Musk’s side also stated to the SEC that as long as the Delaware Chancery Court, which is responsible for the two sides’ lawsuits, “suspends the ongoing litigation and all related proceedings”, they will The transaction plan set in April this year will be restarted.According to the previousarrangethe lawsuit between the two sides will start in October, and now it is up to the judge to decide.
In a series of communications between Musk and Twitter CEO Parag Agrawal that were made public last week, Musk mentioned that he “wants to lift the permanent ban on all accounts except spam accounts and accounts that explicitly advocate violence.” He’s also talked about the idea of ​​privatizing, open-sourcing Twitter and relaxing content moderation before, and once it’s on Twitter we should expect big changes to the platform.