BREAKING: ELON MUSK WINS STAY TO CLOSE DEAL THIS MONTH therightscoop.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therightscoop.com Daily Mail and Mail on Sunday newspapers.
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.
Liberals are having an epic meltdown on Twitter after the platform announced that it reached an agreement with Elon Musk. A letter filed with the Securities and Exchange Commission (SEC) by Musk’s legal team on Tuesday said he renewed his original offer to buy the company for $44 billion at $54.20 a share:
The Tesla billionaire is back at Twitter s door with his bag of dosh, saying he needs the social media company to build the all-powerful super-app of the future.
Musk wanted to buy Twitter, made an offer, tried to back out, and now he's going to court. However, he just told Twitter in a letter he wants the original deal.