Elon Musk to buy Twitter for $44 billion
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Twitter has agreed to a $44 billion takeover offer by business magnate Elon Musk, the world’s richest man
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TIMELINE OF RECENT EVENTS
  
Jan 31, 2022: Regulatory filings show Musk is buying Twitter shares on “almost daily” basis
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 Apr 4: Spending spree eventually accrues 9% stake in Twitter, making Musk biggest share holder
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Apr 5: Twitter offers Musk seat on board, as long as he does not purchase more than 14.9% of remaining stock. Musk accepts
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Apr 8: Vanguard Group reports it has 10.3% stake in Twitter, overtaking Musk as biggest shareholder

Apr 9: Musk decides to decline offer to join Twitter board

Apr 14: Musk launches surprise bid to buy Twitter for $43bn ($54.20 per share), saying he wishes to take company private. Stock price falls 1.7% to $45.08

Apr 15: Twitter threatens to employ poison pill tactic against Musk’s bid, offering current share- holders – except for investor trying to take over – discounted shares to weaken ownership interest

Apr 21: Musk confirms he has secured funding worth $46.5bn to buy Twitter, via various loans and equity financing

April 24-25: Musk begins negotiations with Twitter. Stock price rallies on reports that $43bn bid is likely
to be accepted
           
Apr 25: Twitter says it has accepted offer of $44bn, one of largest technology acquisitions in recent history. Purchase takes company private, putting future of platform in Musk’s hands

 Apr 1: $39.49
 Apr 25: $51.70
 Forbes estimates Musk’s worth at $273.6bn     
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Sources: BBC, Digital Trends, Yahoo! Finance Illustration source: Getty Images © GRAPHIC NEWS