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AP National Business

EXPLAINER: What’s next now that Twitter agreed to Musk bid?

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Published 3:26 PM

By ALEX VEIGA and MICHAEL LIEDTKE
AP Business Writers

Twitter’s acceptance of Elon Musk’s roughly $44 billion takeover bid brings the billionaire Tesla CEO one step closer to owning the social media platform. The deal is expected to close sometime this year. But before that, shareholders still have to weigh in, as well as regulators in the U.S. and in countries where Twitter does business, before the deal is completed.  

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