by Jim Clayborn | RNN
Elon Musk and Twitter reached a deal on Thursday.Musk is the official owner of Twitter.
Elon Musk purchased Twitter for $54.20 per share – or about $44 billion.
“Twitter CEO Parag Agrawal and finance chief Ned Segal have left the company’s San Francisco headquarters and will not be returning, sources said.” – According to CNBC.
Vijaya Gadde was also fired on Thursday.
BREAKING: After officially closing the deal to purchase Twitter, Elon Musk immediately fired— Benny Johnson (@bennyjohnson) October 28, 2022
– CEO Parag Agrawal
– CFO Ned Segal
– Head of Trust & Safety and Legal Vijaya Gadde.
Thursday evening, Twitter and Musk formally closed on the billionaire’s offer to take the company private by paying $54.20 per share, equal to about $44 billion, sources close to the deal told Insider.
Musk made a U-turn on the offer in October, after spending months trying to pull out of the agreement.
The same evening, Musk also ousted CEO Parag Agrawal and CFO Ned Segal the sources said.
Musk has been at Twitter’s San Francisco headquarters this week, meeting with workers and holding impromptu discussions with them in the cafe, Insider reported.
An all-hands meeting is expected to take place on Friday.
As a result of the new deal, Twitter’s lawsuit against Musk over the $44 billion purchase will come to an end after Twitter files for the case to be dismissed in the Delaware Court of Chancery, University of Michigan business law professor Erik Gordon said.
“I’ve never met a national politician in the U.S. who is so ill informed, evasive, puerile and deceptive as Trump.” https://t.co/Wv1tXKGWAF— Vijaya Gadde (@vijaya) March 27, 2016
Recall, Vijaya Gadde, an immigrant from India who hates the First Amendment, was behind the censorship of conservatives and Trump supporters.
Vijaya Gadde was responsible for the censorship and banning policies at Twitter. She is famous for this and apparently took great pride in it.
She infamously was the executive who permanently banned a sitting U.S. President, Donald J. Trump from Twitter on January 6th.
She also reportedly convinced CEO Parag to censor mentions of the Hunter Biden Laptop prior to the 2020 election, labeling it “potential Russian disinformation.” She also banned the account of the paper which broke the story, the NY Post, for nearly 2 weeks.
A recent poll said 62% of Americans said it would have influenced their vote had they known about the censored Hunter laptop.
In her role she allowed the Ayatollah of Iran to promote hate speech on the platform but she took down the account of the leader of the free world, President Donald Trump.
Musk has slammed Gadde for suspending the Post and was a factor in convincing him to try and take over Twitter…
Gadde reportedly “sobbed ” when Elon did actually announce his takeover bid:
Headline- Elon Musk slams Twitter’s top lawyer, Vijaya Gadde who sobbed after he bought social media network and blasts her for ‘incredibly inappropriate’ censorship of Hunter Biden laptop story. Ron say’s “fire her sorry ass, Elon! pic.twitter.com/kJDNw8vjLY— Ron Milner (@RonMilnerBoodle) April 27, 2022
Bye Vijaya Gadde 👋 pic.twitter.com/ThOljdfqD1— NautPoso 🇮🇪☘️ (@NautPoso) October 28, 2022