Elon Musk now says he's willing to buy Twitter after all, less than two weeks before a trial is expected to start between him and the company.
Billionaire Elon Musk has told Twitter he's willing to buy the company after all, and at the originally agreed upon price of $54.20 per share.Billionaire Elon Musk has told Twitter he's willing to buy the company after all, and at the originally agreed upon price of $54.20 per share.Elon Musk now wants to go through with his original offer to buy Twitter for the previously agreed upon price, a source close to the deal tells NPR.
The news, first reported by Bloomberg, sent shares of the struggling social media company soaring 13% before the Nasdaq halted trading. Twitter sued to force Musk to abide by the deal. A trial is scheduled to begin in less than two weeks. It's now up to the company to accept Musk's renewed offer or force the billionaire to go to court in an effort to seal the deal.Twitter may have hired a Chinese spy and four other takeaways from the Senate hearingMusk and Twitter have been at odds almost since Musk first revealed his interest in the company in early April.
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