World’s richest man and SpaceX founder Elon Musk has said the “deal” with the microblogging and social networking company, Twitter is on hold.
Weeks ago, Twitter agreed a ‘definitive deal’ to sell itself to Musk at approximately $44 billion.
The transaction, which has been unanimously approved by the Twitter Board of Directors, is expected to close in 2022, subject to the approval of Twitter stockholders, the receipt of applicable regulatory approvals and the satisfaction of other customary closing conditions.
Musk’s campaign to buy Twitter sparked concern from millions of users.
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