VIDEO: Done Deal – Musk Tweets “The Bird is Freed” After Officially Closing Twitter Acquisition
Following completing the long-anticipated $44 billion Twitter deal, Musk let the world know late Thursday evening, tweeting, “The Bird is Freed.” The tweet appears well-received, having garnered over 2.4 million likes as of this writing.
the bird is freed
— Elon Musk (@elonmusk) October 28, 2022
The previous afternoon before the deal’s close, Musk tweeted a video of him arriving at the Twitter headquarters holding a kitchen sink, with the caption “Entering Twitter HQ – let that sink in!”
Entering Twitter HQ – let that sink in! pic.twitter.com/D68z4K2wq7
— Elon Musk (@elonmusk) October 26, 2022
Musk wasted little time implementing the sweeping changes to the platform he promised. On Friday, Musk officially fired several of Twitter’s top brass, including the company’s CEO Parag Agrawal, CFO Ned Segal, and legal affairs and policy chief Vijaya Gadde.
With the acquisition now a done deal, the lawsuit against Musk, which was set to go to trial soon, has been dismissed, per court documents released yesterday.
An October 28 letter from Musk’s attorney to Judge Kathaleen McCormick stated:
On Thursday, a filing was made with the Securities and Exchange Commission (SEC) confirming the completion of Musk’s Twitter acquisition, bringing the nearly year-long saga to a close.
As a result of the deal’s completion, shares of Twitter stock are set to be delisted as the company will now be privately held. On Friday, the New York Stock Exchange (NYSE) issued a notice that trading in Twitter’s stock had been suspended, with “merger effective” as the reason given.
Follow Wealthy VC on Social Media: Facebook | Instagram | Twitter | LinkedIn | GETTR | Tumblr
????Join the Discussion in the Wealthy VC Investor Group
????Have a Stock Tip or New Story Suggestion? Email us at Invest@WealthyVC.com
Disclaimer: Wealthy VC does not hold a long or short position in any of the stocks mentioned in this article.