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Billionaire announced the completion of the contract this Thursday, the 27th, after long months of negotiation with the directors of the platform
The billionaire Elon Musk announced this Thursday, the 27th, that it has finally concluded the long process to acquire Twitter. The announcement also made on Twitter, entitled “Dear Twitter advertisers”, summarizes the businessman's plans with the business.
Musk further explains in the announcement that the reason he made him buy Twitter was that he thought it was important for the future of civilization to have a common digital space, where broad beliefs can be debated in a healthy way, without resorting to violence.
“Today, there is a great danger that social media will fragment into far-right and far-left echo chambers that generate more hatred and divide our society,” says Musk. “I didn't do it because it would be easy, I didn't do it to make more money.”
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ELON MUSK'S PLANS FOR TWITTER
The long arm wrestling match between Musk and Twitter
The confirmation of the purchase of Twitter will finally end the long struggle between Musk and the leadership of the social network. In April, the billionaire made a full purchase offer for the social network, for US$ 43,4 billion.
However, in the following months, Elon Musk declared problems with the project due to the number of fake accounts and robots in action on the social network. Twitter responded with a lawsuit, which would force the billionaire to buy the social network according to the closed agreement.
The negotiation was only closed on the 6th, three days after the businessman announced that he would honor his initial purchase proposal.
Details about the sale
Reuters says that Elon Musk has already notified the co-investors of the project and that they have definitively completed the purchase on Friday, the 28th. .
According to a financial report released by Bloomberg News, a videoconference will finalize the financial details with the bankers who invested money in the deal.
Not everyone who has a profile on social networks wants to accumulate one. crowd of followers. Some people prefer to use these platforms to get information, have fun and keep in touch with close friends and family, for example, but that's about it.
