Musk offers to end legal fight, pay $44B to buy Twitter

Summary by Ground News

Elon Musk is abandoning his legal battle to back out of buying Twitter by offering to go through with his original $44 billion bid for the social media platform. The mercurial Tesla CEO made the offer in a letter to Twitter, Musk disclosed in a filing Tuesday with the U.S. Securities and Exchange Commission. The filing says he’ll complete deal as long as he gets debt financing and provided that the court gets rid of the lawsuit.

2 months ago·S F, United States

News Articles

More Filters

All

Left

Center

Right

Times of India

Musk proposes to buy Twitter for original offer price of $54.20 a share

Musk made the proposal in a letter to Twitter, according to people familiar with the matter

2 months ago·Mumbai, India

Read Full Article

BBC News

Elon Musk Twitter deal back on in surprise U-turn

In a letter to Twitter, the billionaire said he would buy the business and honour his original deal.

2 months ago·United Kingdom

Read Full Article

Reuters

Musk reverses course, again: he's ready to buy Twitter, build 'X' app

Billionaire Elon Musk is proposing to proceed with his original $44 billion bid to take Twitter Inc private, security filings showed on Tuesday, calling for an end to a lawsuit by the social media company that could have forced him to pay up, whether he wanted to or not.

2 months ago·United Kingdom

Read Full Article

The Guardian

Elon Musk to proceed with $44bn buyout of Twitter after U-turn

Tesla chief executive had been set for court showdown after attempting to scrap deal

2 months ago·London, United Kingdom

Read Full Article

CBC News

Elon Musk offers to go ahead with Twitter takeover after all

Billionaire Elon Musk has decided to stop fighting Twitter in court and go ahead with his original offer to buy the company for $44 billion.

2 months ago·Canada

Read Full Article

CTV News

Musk proposes going ahead with deal to buy Twitter: report

Trading in shares of Twitter was halted after the stock spiked on reports that Elon Musk would proceed with his US$44 billion deal to buy the company after months of legal battles.

2 months ago·Toronto, Canada

Read Full Article