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Twitter has entered into a definitive agreement to be acquired “by an entity wholly owned by Elon Musk”, for $54.20/share in cash, in a deal valued at ~$44B (Lauren Feiner/CNBC)

Lauren Feiner / CNBC:
Twitter has entered into a definitive agreement to be acquired “by an entity wholly owned by Elon Musk”, for $54.20/share in cash, in a deal valued at ~$44B  —  – Twitter’s board accepted billionaire Elon Musk’s offer to buy the social media company and take it private, the company confirmed.