Published 3 years ago • loading... • Updated 3 years ago

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.

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Stars and Stripes

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Musk says he wants Twitter again and will pay $44B price

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.

3 years ago·Washington, United States

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Kingman Miner

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Musk says he wants Twitter again and will pay $44B price

Elon Musk wants Twitter again — and Twitter is game.

3 years ago

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OPB

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Elon Musk says he wants Twitter again and will pay $44B price

Elon Musk wants Twitter again — and Twitter is game. The billionaire Tesla CEO has proposed to buy the company at the originally agreed-on price of $44 billion, bringing the tumultuous, monthslong saga another step closer to a conclusion.Musk made the surprising turnaround not on Twitter, as has been his custom, but in a letter to Twitter that the company disclosed in a filing Tuesday with the U.S. Securities and Exchange Commission.It came less…

3 years ago·Portland, United States

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