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.
Billionaire provocateur Elon Musk has sealed his acquisition of Twitter, leaving a major social media platform in the hands of the impulsive head of two other companies, SpaceX and Tesla.Musk and his backers are paying $54.20 per share in cash.
Once the deal closes, Twitter will become a privately held company. Wall Street appeared to initially hail the news, with Twitter shares up almost 6% heading toward the closing bell.
They have risen almost 30% since Musk formally came on the scene.Terms were reached today less than two weeks after Musk revealed his initial $43 billion offer for the company.
Although he described it as “best and final” bid, the parties reportedly convened for talks over the weekend, with Twitter’s board deciding the ultimate valuation was too great to resist.The purchase raises a host of questions, and follows Twitter’s enacting of a “poison pill” provision, intended as a defense mechanism after Musk’s unsolicited offer surfaced.
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