Twitter accepts Elon Musk’s $44 billion bid

Twitter’s board of directors said Monday afternoon that it has accepted Tesla CEO Elon Musk’s $44 billion offer to buy the company — bringing an end to a weeks long saga and ushering in a new era for the struggling social-media platform. Musk, who has said he wants to buy Twitter in order to restore the platform’s adherence to free speech principles, will pay $54.20 per share for the company, which he has vowed to take private.-- More...