![]() Twitter said that it expects the deal to close sometime later in 2022, but these hurdles are not necessarily insignificant. Finally, the deal must meet regulatory approval and other closing considerations. Twitter shareholders must approve the deal at the company's next annual meeting. Although Twitter's board of directors has approved the sale and the company has entered into a definitive agreement to be acquired by an entity wholly owned by Musk, the deal is not complete. However, the key questions here are if the acquisition will close and when. This means a cash influx for shareholders and especially for those holding a a significant number of shares. ![]() If and when the acquisition closes, Twitter shareholders will receive $54.20 in cash for each share of Twitter stock they hold. Musk a Twitter user with over 85 million followers began acquiring stock in January and announced his.
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