Twitter has agreed to sell the company to entrepreneur Elon Musk. The cost of the deal was approximately $44 billion.
The head of Tesla and Space X considers this price to be the best and final. Twitter CEO Parag Agrawal approved the purchase of the social network, calling it influencing the whole world. It is reported by PRNewswire .
Elon Musk explained the purchase of the company by concern for freedom of speech. The billionaire considers Twitter a platform for discussing issues that are important for the future of all mankind.
The businessman had previously offered to buy Twitter for $54.2 a share. During negotiations with the board of directors, Musk managed to convince the company of the expediency of the transaction and the benefits from it. Now the social network is waiting for a new future.