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Twitter committed to Elon Musk’s $44 billion deal

2022.05.17 13:31

Twitter committed to Elon Musk's $44 billion deal
FILE PHOTO: Elon Musk’s Twitter profile is seen on a smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) – Twitter Inc (NYSE:TWTR) said on Tuesday it was committed to completing Elon Musk’s $44-billion deal at the agreed price and terms.

The deal is subject to the approval of Twitter stockholders and is expected to close in 2022, the company said.

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