South African billionaire, Elon Musk has taken control of the microblogging site, Twitter and has fired its CEO and at least two other top executives, according to numerous reports.
Two people familiar with the deal told The Associated Press Thursday night that CEO Parag Agrawal and Twitter’s chief financial officer and top lawyer were fired from the multibillion-dollar organization.
Insinuating the takeover on Thursday, Musk tweeted “the bird is freed,” referring to Twitter’s famous logo and indicating he was indeed in charge.
The move to close the deal, which came a day before a court-imposed deadline to finalize the transaction, caps a tumultuous six-month pursuit in which the billionaire launched his shock bid for Twitter this spring, only to reverse course in July and declare he was withdrawing it.