With Deal for Twitter, Elon Musk Lands a Prize and Pledges Fewer Limits

From a New York Times story by Mike Isaac and Lauren Hirsch headlined “With Deal for Twitter, Musk Lands a Prize and Pledges Fewer Limits”:

Elon Musk struck a deal on Monday to buy Twitter for roughly $44 billion, in a victory by the world’s richest man to take over the influential social network frequented by world leaders, celebrities and cultural trendsetters.

Twitter agreed to sell itself to Mr. Musk for $54.20 a share, a 38 percent premium over the company’s share price this month before he revealed he was the firm’s single largest shareholder. It would be the biggest deal to take a company private — something Mr. Musk has said he will do with Twitter — in at least two decades.