Donald John Trump (born June 14, 1946) is the 45th and current president of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in the New York City borough of Queens, and received a bachelor's degree in economics from the Wharton School. He took charge of his family's real-estate business in 1971, renamed it The Trump Organization, and expanded its operations from Queens and Brooklyn into Manhattan.
The company built or renovated skyscrapers, hotels, casinos, and golf courses. Trump later started various side ventures, mostly by licensing his name. He owned the Miss Universe and Miss USA beauty pageants from 1996 to 2015, and produced and hosted The Apprentice, a reality television show, from 2003 to 2015. Forbes estimates his net worth to be $3.1 billion.
$44 billion merger would entitle shareholders to receive $54.20 for each share of Twitter’s common stock owned. This amount is approximately 38% of the closing price of its stock as of April 1, the last full trading day before Musk disclosed his 9% stake in the company.Twitter’s board of directors have recommended a vote for the merger agreement with Musk.
Twitter and Musk have continued dueling over his hostile takeover of the social media company. Earlier this month, however, Musk dropped a bomb by saying the deal was “on hold” as he waits for the company to hand over metrics on the total spam and fake accounts on the platform.
This sent observers to question whether Musk will actually go through the deal or is simply stalling in order to force a new price.Experts believe there is a 60% chance Musk will walk and use the spam account issues as a “scapegoat to get out of the deal” and a 40% chance the Twitter board and Musk will renegotiate a new deal in coming weeks, according to Wedbush Securities tech analyst Dan Ives.The billionaire Tesla CEO has insisted that he is still serious about buying Twitter and serving as its interim CEO for a few months.
He has also stirred controversy after saying he wants to relax content moderation policies on the platform, a move that could drive away advertisers and potentially lead to the reinstatement of former President Donald Trump’s suspended account..
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