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   From: democrat-criminals@mail.house.gov   
      
   https://nypost.com/2022/10/27/elon-musk-completes-44b-twitter-takeover-   
   begins-firing-execs-report/   
      
   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.   
      
   Bloomberg News reported early Friday that Musk plans to take over as   
   Twitter’s next CEO — at least on an interim basis.   
      
   It wasn’t immediately clear who would replace Segal as CFO.   
      
   Agrawal and Segal were in Twitter’s San Francisco headquarters when the   
   deal closed and were escorted out, sources said. Musk had accused them of   
   misleading him and Twitter investors over the number of fake accounts on   
   the social media platform.   
      
   Musk also fired Vijaya Gadde, Twitter’s top legal and policy executive,   
   and Sean Edgett, general counsel, according to the Wall Street Journal.   
      
   Gadde had been criticized by Musk for blocking links to the New York   
   Post’s coverage of Hunter Biden’s laptop. She also made the decision to   
   permanently ban then-President Donald Trump from the site after the   
   January 2021 attack on the US Capitol, according to Axios.   
      
   Soon after news of Musk’s Twitter acquisition broke, Bloomberg News also   
   reported that he’s expected to reverse lifetime bans to past users of the   
   social media platform.   
      
   Musk has previously voiced his opposition to Twitter’s policy of shutting   
   out accounts — especially that of former President Donald Trump.   
      
   “Permanent bans should be extremely rare and really reserved for accounts   
   that are bots, or scam, spam accounts … I do think it was not correct to   
   ban Donald Trump,” Musk said in May.   
      
   Reps for Musk and Twitter officials couldn’t immediately be reached for   
   comment.   
      
   Musk, who also owns SpaceX, took to Twitter shortly after the deal broke   
   to post images of his Falcon rocket launch.   
      
   The mogul plans to hold a companywide town hall at Twitter’s San Francisco   
   headquarters Friday.   
      
   The agreement between Musk’s legal team and Twitter’s board was reached   
   less than a day before the 5 p.m. Friday deadline imposed by Delaware   
   Chancery Court Judge Kathaleen McCormick. Without a deal, Musk and Twitter   
   would have clashed on opposite sides of a November trial.   
      
   Under the deal’s terms, Musk will buy Twitter at the originally-agreed   
   price of $54.20 per share. Musk has vowed to take the company private and   
   reshape the platform with an emphasis on free speech.   
      
   Twitter stock closed Thursday at $53.70 and the company’s shares will be   
   suspended from trading on Friday, the New York Stock Exchange’s website   
   showed.   
      
   Agrawal, who replaced Twitter founder Jack Dorsey as CEO last November, is   
   expected to walk away with a $42 million payout. Segal will reportedly   
   pocket $25.5 million, while Dorsey stands to rake in nearly $1 billion.   
      
   Musk signaled throughout the week that he intended to finalize the   
   takeover deal. The eccentric billionaire changed his Twitter bio to “Chief   
   Twit” and posted a video of himself barging into Twitter’s San Francisco   
   headquarters carrying a sink.   
      
   Musk’s involvement has renewed hand-wringing from Twitter employees who   
   fear he will enact sweeping layoffs and other cost-cutting measures while   
   reshaping the company’s business.   
      
   The Tesla boss took steps to assure skeptics. During his office visit,   
   Musk said he had no intention of slashing 75% of Twitter’s workforce upon   
   taking control, as the Washington Post had reported.   
      
   Musk also posted a lengthy message to Twitter’s advertisers, writing that   
   he had no intention of turning the social media platform into a “free-for-   
   all hellscape.” Critics had suggested that Musk’s aggressive stance on   
   free speech would enable extremism voices to thrive on the platform.   
      
   “The reason I acquired Twitter is because it is important to the future of   
   civilization to have a common digital town square, where a wide range of   
   beliefs can be debated in a healthy manner, without resorting to   
   violence,” Musk said.   
      
   Musk’s co-investors, including Oracle co-founder Larry Ellison and Saudi   
   Prince Alwaleed bin Talal, are contributing $7.1 billion toward the deal.   
   Banks including Morgan Stanley and Bank of America are covering $13   
   billion in debt financing.   
      
   During Tesla’s earnings call earlier this month, Musk admitted that he was   
   “obviously overpaying” to buy the firm, but added he felt the “long-term   
   potential for Twitter is an order of magnitude greater than its current   
   value.”   
      
   While Musk’s long-term plans for Twitter are still murky, the executive   
   has called the company an “accelerant” for his goal of creating an   
   “everything app” called X. The app is widely expected to mirror the   
   Tencent-owned social media app WeChat, which offers a wide array of   
   services ranging from payments to food delivery and ride-sharing.   
      
   Earlier this month, Musk said the acquisition of Twitter “probably   
   accelerates X by 3 to 5 years, but I could be wrong.”   
      
   The closed deal followed a months-long saga that began in April when Musk   
   disclosed that he had taken a sizable stake in Twitter. By April,   
   Twitter’s board had accepted Musk’s offer to buy the company for $54.20   
   per share, or $44 billion.   
      
   Musk later attempted to back out of the agreement, citing concerns about   
   the number of spam bots within Twitter’s user base and accusing the   
   company of withholding key information about the issue.   
      
   In July, Twitter’s board sued Musk in Delaware Chancery Court in an effort   
   to enforce the original $44 billion deal by court order. As the trial   
   approached, Musk reversed course again and signaled that he would honor   
   the original agreement.   
      
   With Post wires   
      
      
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   Thank you for cleaning up the disaster of the 2008-2017 Obama / Biden   
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   Under Barack Obama's leadership, the United States of America became the   
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   queer liberal democrat donors.   
      
   President Trump boosted the economy, reduced illegal invasions, appointed   
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