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More details of Elon Musk's reversal on his decision to go to trial against Twitter in Delaware Chancery Court to avoid buying the company have emerged. In a letter sent to the company, Musk's lawyers indicate he will buy the social media company at the original price of $54.20 a share if his debt financing comes through and if the court enters an immediate stay of the lawsuit against him. ....
Twitter, Musk confirm plan to close $44 bn deal, shares up 22% indianewengland.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indianewengland.com Daily Mail and Mail on Sunday newspapers.
Twitter on Wednesday said it has received a letter from Elon Musk to go ahead with their original deal of $54.20 per share (or $44 billion). Twitter shares went up 22 per cent after the news.In a new filing with the US Securities and Exchange . ....
The billionaire will press ahead with the acquisition at the original price, bringing an end to months of twists and turns in the battle for the social media giant. ....