Twitter announced on Monday that it had reached a final agreement to be acquired by Elon Musk for approximately $44 billion, prompting mixed reactions as users prepare for a new content moderation policy.
The new announcement concludes a three-week saga of Musk’s total acquisition of the social media corporation, which began on April 4 when Musk announced that he had personally acquired a 9.1 percent stake in Twitter Inc. After declining an offer to join Twitter’s Board of Directors, which would limit his stake in the company to 14.9 percent, Musk made his “final offer” to buy the company outright at $54.20 per share.
…