The sale was a dramatic shift for the board, which had originally maneuvered to block Elon Musk from taking the social media network private.
Twitter on Monday confirmed it is selling the platform to billionaire entrepreneur Elon Musk in a deal valued at $44 billion.
"Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated," Musk said in a joint statement announcing the takeover. Twitter board chair Bret Taylor said the body"conducted a thoughtful and comprehensive process to assess Elon's proposal with a deliberate focus on value, certainty, and financing," according to the statement.
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