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Elon Musk completes $44B Twitter takeover, begins firing execs
ESPN ^ | October 27, 2022 | Thomas Barrabi and Theo Wayt

Posted on 10/27/2022 7:51:48 PM PDT by nickcarraway

Elon Musk finally completed his $44 billion Twitter takeover deal, firing the company’s CEO and financial chief and ending a lengthy tug-of-war with its board of directors just before a key deadline, according to a source close to the situation.

Musk took the struggling social network private late Thursday, ousting Chief Executive Parag Agrawal and Chief Financial Officer Ned Segal, according to the source, who spoke on condition of anonymity. It wasn’t immediately clear who would replace them.

Musk also fired Vijaya Gadde, Twitter’s top legal and policy executive, and Sean Edgett, general counsel, according to the Wall Street Journal.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: andagain; elonmusk; musk; truthsocial; twitter
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He didn't reverse anyone's ban from Twitter.
1 posted on 10/27/2022 7:51:48 PM PDT by nickcarraway
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To: nickcarraway

Give him time. He is starting at the top and working down.


2 posted on 10/27/2022 7:53:18 PM PDT by Parley Baer (WI)
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To: nickcarraway

It must be nice to be able to dump the clowns. A feeling of satisfaction.


3 posted on 10/27/2022 7:53:41 PM PDT by Dennis M.
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To: nickcarraway

The litmus test is will he unban Alex Jones?

If they don’t then you know he is full of it.. In my opinion.


4 posted on 10/27/2022 7:54:30 PM PDT by RandFan (For some reason I'm interested in politics, particularly the U.S. Senate)
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To: Parley Baer

He’ll probably fire 90% except for the top 5% in ads, 10% in business marketing, 15% in coding


5 posted on 10/27/2022 7:55:22 PM PDT by struggle
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To: nickcarraway

It’s early. Let’s see what transpires over the next week or so. Good grief!


6 posted on 10/27/2022 7:56:26 PM PDT by Howie66 (Let's Go Brandon!!)
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To: nickcarraway

Who hasn’t wanted to buy a business and fire all the arrogant and pompous twits running it?


7 posted on 10/27/2022 7:57:04 PM PDT by fella ("As it was before Noah so shall it be again,")
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To: fella

It has been a long time ago now.
But I fondly remember when Bill Harrah bought a casino so that he could fire the jerk manager who was so rude to him
So yes this has been done before.


8 posted on 10/27/2022 8:00:29 PM PDT by Ex gun maker. (Free thinking is now a radical concept, I will not be assimilated by PC or EV groupthink!)
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To: nickcarraway

Go Musk!!!


9 posted on 10/27/2022 8:06:25 PM PDT by Sacajaweau ( )
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To: nickcarraway

Why is ESPN reporting this?


10 posted on 10/27/2022 8:07:15 PM PDT by willk (Local news media. Just as dangerous as national media.)
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To: Sacajaweau

Well, I’m rooting for Elon to do the cool thing for twitter. I’m hopeful he’ll restore free speech on the app.


11 posted on 10/27/2022 8:08:26 PM PDT by No name given (Anonymous is who you’ll know me as. )
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To: nickcarraway

Terminating their employment will never be enough punishment.


12 posted on 10/27/2022 8:09:34 PM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: nickcarraway

It takes time to get keys, login credentials including passwords and to vet systems to make sure nobody left anything behind - like a booby trap to wipe everything if someone’s ban gets reversed. New staff has to be brought in as well as nobody there can be trusted. Give it time.


13 posted on 10/27/2022 8:09:38 PM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: MeneMeneTekelUpharsin

Doesn’t have to be. Much of the now former Twitter C-Suite is very likely to be facing fraud charges and suits shortly.


14 posted on 10/27/2022 8:10:33 PM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: No name given

he’s gonna get played for sure with lotsa junk tweets...let’s see how he handles it...


15 posted on 10/27/2022 8:11:32 PM PDT by Sacajaweau ( )
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To: nickcarraway

Maybe he can start hiring guys named Joe Smith or Bob Williams. Or Fred. Or Dave.....


16 posted on 10/27/2022 8:13:34 PM PDT by NurdlyPeon (It is the nature of liberals to pervert whatever they touch.)
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To: nickcarraway

ESPN considers this sports news? Bizarre.


17 posted on 10/27/2022 8:13:48 PM PDT by Vision (Elections are one day. Reject "Chicago" vote harvesting. Election Reform Now. Obama is an evildoer.)
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To: Vision

ESPN is communist.

Elon needs to buy Facebook next. Will be a penny stock by next year. MySpace round 2.

Zuck - Trump Curse in effect on that guy - last 100 BILLION dollars since he spent 300 million to steal our political system.


18 posted on 10/27/2022 8:16:00 PM PDT by TigerClaws
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To: Dennis M.

He should fire whoever wrote that stupid letter just for being too dumb to work at Twitter.


19 posted on 10/27/2022 8:16:08 PM PDT by bigbob (z)
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To: Spktyr

I hope that comes true.


20 posted on 10/27/2022 8:17:35 PM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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