Elon Musk's offered to purchase Twitter, when considered a remote chance, has now been acknowledged.

The very rich person will pay about $44 billion for the organization in an arrangement

Expected to close this year, Twitter said in a news discharge Monday.

The very rich person will pay about $44 billion for the organization in an arrangement 

Musk was so spurred to purchase Twitter that he put in a "best and last deal" for the organization, 

Musk offered $54.20 per share for Twitter and framed his arrangement

 Monday morning on reports that the organization could be approaching an arrangement with Musk.