(Reuters] – Elon Musk placed his temporary offer of $44-billion Twitter to (NYSE) on Friday, sending shares down.

Since the April 14 announcement, Twitter shares have traded at $54.20 per share below Musk’s offer price. The deal has taken over $2B off the market capitalization of the company.

Here’s a quick snapshot of Twitter’s takeover story.

Development

Tweet Date

Reaction

Musk announces a Twitter deal with Musk on May 13, but it is being held pending review by Drops 11%

Fake accounts and spam. Later tweets that he had before

Continues to be committed to the deal loss from

premarket

Jack Dorsey, Twitter founder and May 11 tweeter, says that he won’t Falls below 6%

Return to CEO, if you are offered the next

Sessions; trading

Offer: 20% off

Price

Musk announces funding of $7.14 billion on May 5. Sources inform Rises 4.4%

Reuters reports that Musk might temporarily manage Twitter trades at 5.5%

Below is what happens after the deal ends

Price

Musk seeks more investors outside of himself May 2, Musk falls 0.8%

The next

Sessions; trading

Below 10%

Offer price

March 29 Musk purchases Tesla shares (NASDAQ:), worth more than $8 billion, in an Rises 2.3%

Offer to finance Takeover Trades 7.3%

See below for the Offer

Price

Musk accepts Musk’s Offer to Climb 7% on April 25, Twitter Board

trades 3.5%

See below for the Offer

Price

Musk secures financing of $46.5 billion for Adds 2.6%.

deal still trails

Musk’s proposal by

11.5%

April 15, Twitter takes a poison pill to safeguard company against Gains of 1.4%

Next session:

Trails offer many benefits

13%

April 14, Musk Offers $54.20/Share, an 38% Premium to Rises 6.

Twitter April 1st closing price

Musk’s April 10, 2010 statement that he won’t join the Twitter board. Falls 3.3%

Twitter announces Musk joining company’s board of directors on April 5. It rises to over 9%

April 4, Elon Musk discloses a 9% share in Twitter

As many jumps

As high as 31%

GRAPHIC: Twitter, Tesla shares react to Musk’s takeover saga https://graphics.reuters.com/TWITTER-STOCKS/klvyklxbkvg/Twitter%20Tesla%20shares%20react%20to%20Musk%20takeover%20saga.png