Explainer: What’s next now that Twitter agreed to Elon Musk’s bid?

Twitter’s acceptance of Elon Musk’s roughly $44 billion takeover bid brings the billionaire Tesla CEO one step closer to owning the social media platform.

Twitter’s acceptance of Elon Musk’s roughly $44 billion takeover bid brings the billionaire Tesla CEO one step closer to owning the social media platform.

The deal is expected to close sometime this year. But before that, shareholders still have to weigh in, as well as regulators in the US and in countries where Twitter does business, before the deal is completed.

The interaction is looking great so far for Musk, considering that Twitter’s board has collectively endorsed his deal and is suggesting…read more

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