Musk completes Twitter takeover after months of disputes

Economy

U.S. entrepreneur Elon Musk has completed the procedures to acquire Twitter Inc. for $44 billion through twists and turns since the deal was first agreed in April, including legal battles and his one-time withdrawal. The finalization of the acquisition, dated Thursday, was confirmed in a document by the Securities and Exchange Commission. U.S. media reported Musk fired executives, including CEO Parag Agrawal and CFO Ned Segal, and is set to take the post of new CEO. Musk, a billionaire and CEO of electric vehicle maker Tesla Inc., bought out the San Francisco-based social network at $54.20 per...

Kyodo News

Kyodo News