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Hello Reader,

This blog, The Wall Street General has been moved over to a new website for a better and fresher experience. This page will still remain activated for the convenience of the readers.

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Regards.



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The Bird is finally free

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Recently, Elon Musk completed his acquisition of Twitter paying a full $54.20 per share which values the deal around $44 Billion. After a haul of 6 months, the deal finally came to a conclusion where both Twitter and Musk agreed to close their deal as a success today.  Musk immediately fired the former CEO of Twitter- Parag Agarwal, the CFO, and other senior members from Twitter, moments after the acquisition. He even fired the person who was responsible for banning Former United States President, Donald Trump's account. Elon paid a visit to Twitter’s office just before finishing the deal in San Francisco where he met a few employees and was seen having a good time there.  The trading of Twitter's shares was suspended for two straight days because of this acquisition and people holding Twitter's stock will be paid a premium of $54.20 per share. The stock last closed at $53.70. Elon Musk says that his main purpose to buy Twitter is to help humanity by building an app called ...
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