BREAKING: Twitter accepts Musk's $44 billion deal
to finance the transaction, including $25.5 billion of fully committed debt and margin loan financing and is providing an approximately $21.0 billion equity commitment
Twitter board chairman Brett Taylor said the company "conducted a thoughtful and comprehensive process to assess Elon's proposal with a deliberate focus on value, certainty, and financing."Musk, a self-described "free-speech absolutist," has been critical of the platform and its chief executive Parag Agrawal's approach to free speech, questioning whether the platform and its chief executive Parag Agrawal have been rigorously adhering to free speech.
"Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated," Musk said in a statement. "I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans.
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