Mergers, Acquisitions and Divestitures – Page 149

Elon Musk Completes $44 Billion Deal to Own Twitter

The world’s richest man closed his blockbuster purchase of the social media service, thrusting Twitter into a new era.

Computers and the Internet Edgett, Sean Gadde, Vijaya Mergers, Acquisitions and Divestitures Musk, Elon Social Media Twitter

Musk Said to Begin Firing Twitter’s Top Executives

Some of Twitter’s top executives were fired on Thursday as Mr. Musk completes his takeover of the social media company.

By Kate Conger

Digital World Acquisition Corp Media and Technology Mergers, Acquisitions and Divestitures News and News Media Orlando, Patrick F Regulation and Deregulation of Industry Securities and Commodities Violations Social Media Special Purpose Acquisition Companies (SPAC) Suits and Litigation (Civil) Trump Media & Technology Group Trump, Donald J Truth Social (Social Network) United States

SPAC Tied to Trump Media Says Early Talks Were Not ‘Substantive’

Lawyers for Digital World recently told regulators that the SPAC had not violated any rules by talking to Trump Media before going public.

By Matthew Goldstein

Computers and the Internet Executive Compensation Freedom of Speech and Expression Labor and Jobs Layoffs and Job Reductions Mergers, Acquisitions and Divestitures Musk, Elon Social Media Twitter

Twitter Tries Calming Employees as Deal With Elon Musk Looms

With Mr. Musk’s $44 billion deal to buy Twitter set to close no later than Oct. 28, the company is trying to reassure workers about their employment and compensation.

By Kate Conger Ryan Mac and Lauren Hirsch