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Elon Musk-Twitter saga: Explained in 10 points
What you should know about Musk taking over Twitter
March 27: Billionaire Elon Musk said he is “giving serious thought” to creating a new social media platform, without disclosing specifics.
April 4: Musk disclosed a 9.2 per cent stake in Twitter Inc, worth nearly $3 billion, making him the micro-blogging site's largest shareholder in the company's shares.
April 5: Twitter decided to appoint Musk to its board to serve as a Class II director with a term expiring in 2024.
April 10: In an unexpected turn of events, Musk decided not to join the board of the micro-blogging platform.
April 14: Elon Musk, the world's richest person, made an offer to buy Twitter and take the public company private.
April 15: To thwart Musk, Twitter launched a so-called poison pill, which is a rights plan that allows shareholders to purchase shares at a discount if any shareholder exceeds 15% ownership.
April 19: Musk decides to invest up to $15 billion of his own cash and borrow against his Twitter stake to push through a deal.
April 21: Musk explores a tender offer for Twitter, saying he’s secured $46.5 in funding.
April 24: Twitter, Musk hold talks for two-days. The board began to take Musk’s offer more seriously once he presented details of his financing.
April 25: Twitter announces that its Board of Directors has approved Elon's offer to buy the company at $54.20 per share.