Earlier, Elon Musk said he would buy out stockholders in a cash deal valued at $43 billion.
California:
Twitter Chief Executive Parag Agrawal sought to reassure employees that the company was not being "held hostage" by news of Elon Musk's offer to buy the company, while speaking at an all-hands meeting with employees on Thursday, a source familiar with the matter told Reuters.
Agrawal expressed appreciation for the employees' work and encouraged them to remain focused, the source said.
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