Tesla CEO Elon Musk offers to buy Twitter in cash deal

Elon Musk is offering to buy Twitter, just days after the Tesla CEO said he would no longer be joining the social media company's board of directors.
Twitter Inc. said in a regulatory filing on Thursday that Musk, who currently owns slightly more than 9% of its stock and is the company's biggest shareholder, provided a letter to the company on Wednesday that contained a proposal to buy the remaining shares of Twitter that he doesn't already own.
Musk offered $54.20 per share cash of Twitter's stock.
-
WestJet 'proactively' removed flights from Pearson
The chief executive of WestJet Airlines Ltd. says it is flying 32 per cent fewer flights in and out of Toronto Pearson International Airport in July than it did in 2019 -
Slide into summer – City of Hamilton opens outdoor pools, kicks off summer programs
With school out for the summer, residents are encouraged to stay active and cool this season by enjoying Hamilton's outdoor pools opening today, June 30 and other outdoor summer programs like Supie and Fitness at the Park, beginning on July 4. -
Premier Doug Ford warns teachers to be back in school in fall as contract talks loom
Premier Doug Ford says he will negotiate fairly with the province's teachers, but warns that students must be in school in the fall -
St Catharines expands special event park for long weekend celebrations
With tens of thousands visitors heading to the downtown core over the next four days, the city is expanding its special event parking to meet the demand -
Canada to put nutrition labels on front of packaged food
Canada plans to require that companies add nutrition warnings to the front of pre-packaged food with high levels of saturated fat, sugar or sodium. -
Canadian economy grew 0.3 per cent in April
Statistics Canada says real gross domestic product grew 0.3 per cent in April. -
Five beaches posted as unsafe to swim in Niagara
Five beaches in Niagara are posted as unsafe to swim. -
Trudeau announces drone cameras, planned armoured vehicles for Ukraine
Prime Minister Justin Trudeau says is giving Ukraine more drone cameras and is also in talks to supply the embattled country with armoured combat support vehicles to help it fight the Russian invasion. -
Niagara Falls hosting Canada Day parade, free swims, skate, and more
Niagara Falls is celebrating Canada Day with free activities all weekend long.