Elon Musk completes Twitter takeover, ousting company’s top three executives
The billionaire fired the social media platform’s chief executive Parag Agrawal and two others.
Elon Musk has taken control of Twitter and ousted the chief executive, chief financial officer and the company’s general counsel, two people familiar with the deal said.
The people who spoke with Associated Press reporters on Thursday night (early Friday morning UK) would not say if all the paperwork for the deal, originally valued at 44 billion dollars (£38 billion), had been signed or if it had been closed.
But they said Mr Musk is in charge of the social media platform and has fired chief executive Parag Agrawal and the other executives.
The departures come just hours before a deadline set by a Delaware judge to finalise the deal on Friday.
She threatened to schedule a trial if no agreement was reached.
