Elon Musk wants Twitter again — and Twitter is game.
The billionaire Tesla CEO has proposed buying the company at the originally agreed-on price of $44 billion. That brings the tumultuous, months-long saga another step closer to a conclusion. Musk made the surprising turnaround in a letter to Twitter that the company disclosed in a filing with the U.S. Securities and Exchange Commission. It came less than two weeks before a trial between the two parties over Musk’s attempt to back out of the deal is scheduled to start in Delaware.
Musk also faced a scheduled deposition by Twitter attorneys starting Thursday.
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Written by: Editor