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It's official, Elon Musk has bought Twitter and controlling power. Twitter agreed to be taken over at $54.20 a share, a 38 percent premium over the stock price when it was revealed that Mr. Musk had become the company’s biggest shareholder. 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.
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