Elon Musk closes deal to acquire Twitter, fires top execs: Source
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Tesla CEO Elon Musk has closed a deal to acquire Twitter, ending a monthslong saga that cast Musk as suitor, critic, legal adversary and ultimately owner of the social media platform
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Some of Twitter's top executives were fired, including CEO Parag Agrawal, chief financial officer Ned Segal, chief legal officer Vijaya Gadde and general counsel Sam Edgett,
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the New York Stock Exchange confirmed on Friday morning that Twitter shares are now suspended for trading
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On Thursday night, Musk tweeted: "The bird is freed.
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The Washington Post, The New York Times and The Wall Street Journal were among the first outlets to report the news on Thursday evening
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Musk -- the richest person in the world, according to Forbes -- reportedly acquired Twitter at his original offer price of $54.20 a share at a total cost of roughly $44 billion.
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Musk posted a video of himself walking into Twitter's offices with a sink, with the tagline: "Entering Twitter HQ – let that sink in!
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The deal completes a courtship that started in January when the billionaire first invested in Twitter.
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In April, Musk offered to buy Twitter at $54.20 per share, valuing the company at about $44 billion.